Cal. Corporations Code § 31105 : Securities — California Corporations Code — Franchise Investment Law — Exemptions — Exemption of offer, sale, or other transfer of franchise to out-of-state resident from disclosure requirements

Current through the 2016 Legislative Session

Any offer, sale, or other transfer of a franchise, or any interest in a franchise, to a resident of another state or any territory or foreign country, shall be exempted from the provisions of Chapter 2 (commencing with Section 31110) of this part, if all locations from which sales, leases or other transactions between the franchised business and its customers are made, or goods or services are distributed, are physically located outside this state.