{"code":"CORP","codeName":"Corporations Code","section":"31525","citation":"Corp. Code, § 31525","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) It is unlawful for a franchise broker to offer or sell a franchise in this state unless the franchise broker is registered pursuant to this part.</p><p>(b) For purposes of this section, an offer or sale of a franchise is made in this state if any of the following apply:</p><p>(1) The prospective franchisee resides in this state.</p><p>(2) The prospective franchisee has its principal place of business in this state.</p><p>(3) The franchised business will be located in this state.</p>","text":"(a) It is unlawful for a franchise broker to offer or sell a franchise in this state unless the franchise broker is registered pursuant to this part. (b) For purposes of this section, an offer or sale of a franchise is made in this state if any of the following apply: (1) The prospective franchisee resides in this state. (2) The prospective franchisee has its principal place of business in this state. (3) The franchised business will be located in this state.","otherVersions":[],"url":"https://blackletter.si/corporations-code/franchise-brokers-31525","source":"California Legislative Information bulk export (pubinfo)"}