Public-domain · open source
OpenJurist

Cal. Corp. Code § 31210

Prohibited Practices

Known as the Franchise Investment Law

The act spans §§ 31000–31528 (118 sections).

Amended by Stats. 2024, Ch. 518, Sec. 2

It is unlawful for any person to effect or attempt to effect a sale of a franchise in this state, except in transactions exempted under Chapter 1 (commencing with Section 31100) of Part 2 of this division, unless that person is any of the following:

(a) Identified in Item 2 of a franchise disclosure document submitted with an application or amended application filed with the commissioner pursuant to Part 2 (commencing with Section 31100) of this division.

(b) Licensed by the Department of Real Estate as a real estate broker or real estate salesperson.

(c) Licensed by the commissioner as a broker-dealer or agent pursuant to the Corporate Securities Law of 1968.

(d) Registered as a franchise broker pursuant to Part 7 (commencing with Section 31520).

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.