{"code":"CORP","codeName":"Corporations Code","section":"31210","citation":"Corp. Code, § 31210","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 4. SECURITIES [25000. - 31528.]","url":"https://blackletter.si/corporations-code/title-4"},{"name":"DIVISION 5. FRANCHISE INVESTMENT LAW [31000. - 31528.]","url":"https://blackletter.si/corporations-code/title-4/division-5"},{"name":"PART 3. FRAUDULENT AND PROHIBITED PRACTICES [31200. - 31221.]","url":"https://blackletter.si/corporations-code/title-4/division-5/part-3"},{"name":"CHAPTER 2. Prohibited Practices [31210. - 31212.]","url":"https://blackletter.si/corporations-code/title-4/division-5/part-3/chapter-2"}],"history":"Amended by Stats. 2024, Ch. 518, Sec. 2.   (SB 919)   Effective January 1, 2025.","effective":"2025-01-01","html":"<p>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 <a href=\"/corp/31100\">31100</a>) of Part 2 of this division, unless that person is any of the following:</p><p>(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 <a href=\"/corp/31100\">31100</a>) of this division.</p><p>(b) Licensed by the Department of Real Estate as a real estate broker or real estate salesperson.</p><p>(c) Licensed by the commissioner as a broker-dealer or agent pursuant to the Corporate Securities Law of 1968.</p><p>(d) Registered as a franchise broker pursuant to Part 7 (commencing with Section <a href=\"/corp/31520\">31520</a>).</p>","text":"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).","otherVersions":[],"url":"https://blackletter.si/corporations-code/prohibited-practices-31210","source":"California Legislative Information bulk export (pubinfo)"}