GroundRules
CORP § 31210
Where this section sits in the code
- Corporations Code - CORP
- TITLE 4. SECURITIES [25000. - 31528.]
- DIVISION 5. FRANCHISE INVESTMENT LAW [31000. - 31528.]
- PART 3. FRAUDULENT AND PROHIBITED PRACTICES [31200. - 31221.]
- CHAPTER 2. Prohibited Practices [31210. - 31212.]
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).
Collected 2026-09-14T05:56:33Z. Source file · JSON