PART 7. FRANCHISE BROKERS [31520. - 31528.]
Part 7 added by Stats. 2024, Ch. 518, Sec. 5.
§§ 31520–31528 · 9 sections
- § 31520 (a) A franchise broker shall register by filing online all of the following with the commissioner: (1) A completed Uniform Franchise Broker Disclosure…
- § 31521 (a) A registered franchise broker shall promptly notify the commissioner in writing by an application to amend the registration of any material change in the…
- § 31522 (a) The commissioner may summarily issue a stop order suspending or revoking any registration under this part if the commissioner finds that the franchise…
- § 31523 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…
- § 31524 A registered franchise broker is subject to, and shall comply with, all of the following: (a) Section 31154. (b) Section 31155. (c) Section 31156. (d) Section…
- § 31525 (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…
- § 31526 (a) It is unlawful for a franchise broker to communicate with a prospective franchisee about investing in a franchise opportunity that is subject to…
- § 31527 For purposes of this part, the Uniform Franchise Broker Disclosure Document shall contain all of the following information: (a) A franchise broker cover page,…
- § 31528 The implementation of this part is contingent upon an appropriation for its purposes by the Legislature in the annual Budget Act or other statute. This part…