Earlier editions: 2020-112018-112026-09
TITLE 4. SECURITIES 25000-31528›DIVISION 5. FRANCHISE INVESTMENT LAW 31000-31528›PART 2. REGULATION OF THE SALE OF FRANCHISES 31100-31158›CHAPTER 2. Disclosure 31110-31126
§ 31123
California Corporations Code · 2026-10 edition · updated 2026-10-04 · California
A franchisor shall promptly notify the commissioner in writing, by an application to amend the registration, of any material change in the information contained in the application as originally submitted, amended or renewed. The commissioner may by rule further define what shall be considered a material change for such purposes, and the circumstances under which a revised offering prospectus must accompany such application.
(Added by Stats. 1970, Ch. 1400.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code