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Cal. Corp. Code § 31523

FRANCHISE BROKERS

Known as the Franchise Investment Law

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

Added by Stats. 2024, Ch. 518, Sec. 5

A registered franchise broker offering a franchise for sale in this state shall keep and maintain a complete set of books, records, and accounts of that offer for a period of five calendar years.

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