Statute · California Corporations Code
Cal. Corp. Code § 31020 — DEFINITIONS
Cal. Corp. Code § 31020
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Date
- 2025-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) “Franchise broker” means a person who directly or indirectly engages in the business of the offer or sale of a franchise, regardless of the title used by the person or any organization with which they are affiliated, and receives or is promised a fee, commission, or other form of…
Citator
Cal. Corp. Code § 31020 — DEFINITIONS is in force in the current edition of the Code, and nothing recorded condemns it.
(a) “Franchise broker” means a person who directly or indirectly engages in the business of the offer or sale of a franchise, regardless of the title used by the person or any organization with which they are affiliated, and receives or is promised a fee, commission, or other form of consideration from a franchisor, subfranchisor, franchisee, or affiliate of a franchisor, subfranchisor, or franchisee. Common titles franchise brokers use include, but are not limited to, franchise seller, broker network, broker organization, franchise sales organization, consultant, and coach.
(b) A “franchise broker” does not include any of the following:
(1) A franchisor or its officers, directors, or employees.
(2) A subfranchisor or its officers, directors, or employees.
(3) An area representative or its officers, directors, or employees.
(4) An employee of an affiliate of a franchisor or subfranchisor.
(5) A franchisee of the franchise offering being presented to a prospective franchisee, unless the franchisee operates a franchised broker business.