Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

§
Marginalia
Code · Michigan · Chapter 445 — Trade and Commerce

445.1505 Prohibited conduct in connection with offer, sale, or purchase of franchise.

119 words·~1 min read·/mi/chapter-445/445-1505

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

445.1505 Prohibited conduct in connection with offer, sale, or purchase of franchise.
Sec. 5.
A person shall not, in connection with the filing, offer, sale, or purchase of any franchise, directly or indirectly:
(a)Employ any device, scheme, or artifice to defraud.
(b)Make any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading.
(c)Engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person.
History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.