§ 31201
65 words·~1 min read·
/ca/corporations-code/31201A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
It is unlawful for any person to offer or sell a franchise in this state by means of any written or oral communication not enumerated in Section 31200 which includes an untrue statement of a material fact or omits to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading.