Statute · California Corporations Code

Cal. Corp. Code § 31520 — FRANCHISE BROKERS

Cal. Corp. Code § 31520

Type
Statute
Source
California Corporations Code
Jurisdiction
California
Date
2025-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) A franchise broker shall register by filing online all of the following with the commissioner:

Citator

Cal. Corp. Code § 31520 — FRANCHISE BROKERS is in force in the current edition of the Code, and nothing recorded condemns it.

(a) A franchise broker shall register by filing online all of the following with the commissioner:

(1) A completed Uniform Franchise Broker Disclosure Document, as created and modified by the commissioner, that is signed and verified as true and correct by the filer.

(2) Any additional documents or exhibits prescribed by the commissioner.

(3) The required registration fee, as set forth in Section 31500.

(4) Copies of financial securities and insurance policies the commissioner requires the franchise broker to obtain and maintain.

(b) Subject to Section 31522, the registration shall be effective upon filing a complete application, including all required documents, and paying all applicable fees.

(c) Subject to Section 31522, a registration pursuant to this section shall expire on December 31 of the year in which the registration became effective.