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Code · California · Corporations Code

§ 31525

82 words·~1 min read·/ca/corporations-code/31525

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(a)It is unlawful for a franchise broker to offer or sell a franchise in this state unless the franchise broker is registered pursuant to this part.
(b)For purposes of this section, an offer or sale of a franchise is made in this state if any of the following apply:
(1)The prospective franchisee resides in this state.
(2)The prospective franchisee has its principal place of business in this state.
(3)The franchised business will be located in this state.
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