Description

Exemptions and Exclusions under Federal and State Franchise Registration and Disclosure Laws Leslie Dawn Curran ISBN 9781634256858

While all franchises must register and provide disclosure statements, the requirements vary significantly between states and at the federal level. As a result, each state defines differently the circumstances under which a franchisor may qualify for an exemption from standard registration and disclosure obligations. Reasons for seeking an exemption can differ widely, including: using it as a strategy to avoid the time and expense of preparing and updating a Franchise Disclosure Document (FDD); allowing new franchisors to test the franchising model before committing resources to a full FDD; enabling established franchisors to offer and sell franchises in states where they have not yet registered; or circumventing specific legal requirements, such as restrictions on financial performance representations.

Organized in a clear, uniform format for easy reference, this state-by-state guide reviews the exemptions available under both federal and state laws. After introductory chapters discussing federal exemptions and the interplay between federal and state rules, each state-specific chapter follows a consistent structure to summarize the available exemptions and exclusions in that jurisdiction.

Exemptions and Exclusions under Federal and State Franchise Registration and Disclosure Laws Leslie Dawn Curran ISBN 9781634256858, 978-1634256858 & 9781634256865

Editors
Leslie Dawn Curran
Beata Katarina Krakus