{"code":"CORP","codeName":"Corporations Code","section":"31523","citation":"Corp. Code, § 31523","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 7. FRANCHISE BROKERS [31520. - 31528.]","url":"https://blackletter.si/corporations-code/title-4/division-5/part-7"}],"history":"Added by Stats. 2024, Ch. 518, Sec. 5.   (SB 919)   Effective January 1, 2025.   Conditionally operative on or after July 1, 2026, pursuant to Sec. 31528","effective":"2025-01-01","html":"<p>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.</p>","text":"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.","otherVersions":[],"url":"https://blackletter.si/corporations-code/franchise-brokers-31523","source":"California Legislative Information bulk export (pubinfo)"}