There shall be exempted from any or all of the provisions of Chapter 2 (commencing with Section 31110) any other transaction which the commissioner by rule exempts as not being comprehended within the purposes of this law and the registration of which the commissioner finds is not necessary or appropriate in the public interest or for the protection of investors.
Cal. Corp. Code § 31100
Exemptions
Known as the Franchise Investment Law
The act spans §§ 31000–31528 (118 sections).
Applied in 1 court decision — leading case 637 F. Supp. 2d 712 - Samica Enterprises, LLC v. Mail Boxes Etc. USA, Inc. (2008)
Most recently applied in 637 F. Supp. 2d 712 - Samica Enterprises, LLC v. Mail Boxes Etc. USA, Inc. (December 2008)
Amended by Stats. 1989, Ch. 1026, Sec. 1.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.