Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 02. Office of the Attorney General |
Subtitle 01. CONSUMER PROTECTION DIVISION |
Chapter 02.01.07. Invention Development Services |
Sec. 02.01.07.04. Contracts to be in Writing, Provided in Advance, and Contain Provision for Cancellation
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A. Every contract for invention development services shall be in writing, and a completed copy shall be given to the customer in accordance with the provisions of these regulations.
B. No contract for invention development services may require payment or any portion thereof to be made by the customer until after 3 business days following the date on which the customer receives a completed copy of it.
C. Every contract for invention development services shall provide for a 3 business day period during which the customer may cancel the contract in accordance with the provisions of these regulations.