TITLE 4. SECURITIES 25000-31516›DIVISION 5. FRANCHISE INVESTMENT LAW 31000-31516›PART 2. REGULATION OF THE SALE OF FRANCHISES 31100-31157›CHAPTER 1. Exemptions 31100-31109.1

§ 31102

California Corporations Code · 2018-11 edition · updated 2026-10-04 · California

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.

(Added by Stats. 1970, Ch. 1400.)

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California Corporations Code

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