§ 31123
63 words·~1 min read·
/ca/corporations-code/31123A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A franchisor shall promptly notify the commissioner in writing, by an application to amend the registration, of any material change in the information contained in the application as originally submitted, amended or renewed. The commissioner may by rule further define what shall be considered a material change for such purposes, and the circumstances under which a revised offering prospectus must accompany such application.