It is unlawful for any person to offer or sell any franchise in this state unless the offer of the franchise has been registered under this chapter or exempted under section 51-19-04.
N.D. Cent. Code § 51-19-03
Registration of offer
Known as the Franchise Investment Law
The act spans §§ 51–51 (18 sections).
Official source: North Dakota Legislative Branch. Reproduced from public-domain North Dakota statutes; confirm against the official source for the current text. Not legal advice.