California Corporations Code

§ 31201

CORP § 31201Div. 5 · Title 4 · Part 3 · Ch. 1

Statute text

It is unlawful for any person to offer or sell a franchise in this state by means of any written or oral communication not enumerated in Section 31200 which includes an untrue statement of a material fact or omits to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading.

Legislative history

Added by Stats. 1970, Ch. 1400.