{"code":"BPC","codeName":"Business and Professions Code","section":"21149","citation":"Bus. & Prof. Code, § 21149","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 8. SPECIAL BUSINESS REGULATIONS [18400. - 22949.92.2.]","url":"https://blackletter.si/business-and-professions-code/division-8"},{"name":"CHAPTER 7.8. Franchise Dealers Fair Practices [21140. - 21149.]","url":"https://blackletter.si/business-and-professions-code/division-8/chapter-7.8"}],"history":"Added by Stats. 1980, Ch. 698, Sec. 2.","effective":null,"html":"<p>Notwithstanding the terms of any franchise, the franchisor may not prohibit or prevent the sale, transfer, or assignment of the franchise to a corporation if both of the following conditions are satisfied:</p><p>(a) The franchisee has a controlling interest in the corporation.</p><p>(b) The franchisee offers in writing to personally guarantee the corporation’s performance of its obligations under the franchise.</p>","text":"Notwithstanding the terms of any franchise, the franchisor may not prohibit or prevent the sale, transfer, or assignment of the franchise to a corporation if both of the following conditions are satisfied: (a) The franchisee has a controlling interest in the corporation. (b) The franchisee offers in writing to personally guarantee the corporation’s performance of its obligations under the franchise.","otherVersions":[],"url":"https://blackletter.si/business-and-professions-code/franchise-dealers-fair-practices-21149","source":"California Legislative Information bulk export (pubinfo)"}