{"data":{"id":"us/16-cfr-437.8","jurisdiction":"us","citation":"16 CFR 437.8","heading":"Franchise exemption.","body":"The provisions of this Rule shall not apply to any business opportunity that constitutes a “franchise,” as defined in the Franchise Rule, 16 CFR part 436; provided, however, that the provisions of this Rule shall apply to any such franchise if it is exempted from the provisions of part 436 because, either:\n(a) Under § 436.8(a)(1), the total of the required payments or commitments to make a required payment, to the franchisor or an affiliate that are made any time from before to within six months after commencing operation of the franchisee's business is less than $500, or\n(b) Under § 436.8(a)(7), there is no written document describing any material term or aspect of the relationship or arrangement.","path":["Title 16—Commercial Practices","CHAPTER I—FEDERAL TRADE COMMISSION","SUBCHAPTER D—TRADE REGULATION RULES","PART 437—BUSINESS OPPORTUNITY RULE"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-16.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:29Z","sha256":"7300943099b8d807789c2c76f89e67ac8876e2f97bdfae00dae298bbb55a6265","source_id":"us-cfr","stale":true,"prev":"us/16-cfr-437.7","next":"us/16-cfr-437.9"},"notice":"GroundRules: Original legal text. Not legal advice."}