Cal. Corp. Code § 31210
Prohibited Practices
Redline — January 1, 2017 → current.View current text →
Current — January 1, 2025
As of January 1, 2017
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 such person is: (1) identified in an application or amended application filed with the commissioner pursuant to Part 2 (commencing with Section 31100) of this division, (2) licensed by the Bureau of Real Estate as a real estate broker or real estate salesperson, or (3) licensed by the commissioner as a broker-dealer or agent pursuant to the Corporate Securities Law of 1968.
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.