Cal. Corporations Code § 31114 : Securities — California Corporations Code — Franchise Investment Law — Disclosure — Proposed franchise disclosure agreement

Current through the 2016 Legislative Session

The application for registration shall be accompanied by a proposed franchise disclosure document, which shall contain the material information set forth in the application for registration, as specified by rule of the commissioner, and such additional disclosures as the commissioner may require. The franchise disclosure document shall recite in bold type of not less than 10-point type that registration does not constitute approval, recommendation, or endorsement by the commissioner.