Statute · California Corporations Code

Cal. Corp. Code § 31102 — Exemptions

Cal. Corp. Code § 31102

Type
Statute
Source
California Corporations Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

The offer or sale of a franchise by a franchisee for his own account or the offer or sale of the entire area franchise owned by a subfranchisor for his own account, is exempted from the provisions of Section 31110 if the sale is not effected by or through a franchisor. A sale is not effected by…

Citator

Cal. Corp. Code § 31102 — Exemptions is in force in the current edition of the Code, and nothing recorded condemns it.

The offer or sale of a franchise by a franchisee for his own account or the offer or sale of the entire area franchise owned by a subfranchisor for his own account, is exempted from the provisions of Section 31110 if the sale is not effected by or through a franchisor. A sale is not effected by or through a franchisor merely because a franchisor has a right to approve or disapprove a different franchisee.