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Rhode Island · Through site files published 2025-08-13 · Newer source version available

R.I. Gen. Laws § 19-28.1-7: Out-of-state exemption.

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Where this section sits in the code
  1. Title 19 Financial Institutions
  2. Chapter 28.1 Franchise Investment Act

An offer or sale of a franchise is exempted from §§ 19-28.1-5, 19-28.1-8, 19-28.1-9, and 19-28.1-13 — 19-28.1-16 if:

(1) It is offered or sold to a nonresident of this state;

(2) The franchise business will not be operated wholly or partly in this state;

(3) The offer or sale does not violate federal law or the law of the foreign jurisdiction; and

(4) The offeree is not actually present in this state during any offer or sale.

Collected 2026-09-05T19:56:16Z. Source file · JSON

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