56:10-4. Application of act

131 words·~1 min read·/nj/title-56/chapter-10/56-10-4

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

4. This act applies only:

a. to a franchise

(1)the performance of which contemplates or requires the franchisee to establish or maintain a place of business within the State of New Jersey,

(2)where gross sales of products or services between the franchisor and franchisee covered by such franchise shall have exceeded $35,000.00 for the 12 months next preceding the institution of suit pursuant to this act, and

(3)where more than 20% of the franchisee's gross sales are intended to be or are derived from such franchise; or

b. to a franchise for the sale of new motor vehicles as defined in R.S.39:10-2, the performance of which contemplates or requires the franchisee to establish or maintain a place of business within the State of New Jersey.

L.1971,c.356,s.4; amended 1993,c.189,s.1.