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California Code, Corporations Code - CORP § 31525

Current as of January 01, 2025 | Updated by Findlaw Staff

<Section operative July 1, 2026 or later pursuant to Corporations Code § 31528.>

(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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Cite this article: FindLaw.com - California Code, Corporations Code - CORP § 31525 - last updated January 01, 2025 | https://codes.findlaw.com/ca/corporations-code/corp-sect-31525/

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