Corporations Code section 31102

The offer or sale of a franchise by a franchisee for his own account or the offer or sale of the entire area franchise owned by a subfranchisor for his own account, is exempted from the provisions of Section 31110 if the sale is not effected by or through a franchisor. A sale is not effected by or through a franchisor merely because a franchisor has a right to approve or disapprove a different franchisee.

Source: Section 31102, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=CORP§ionNum=31102.­ (updated Jan. 1, 1970; accessed Jun. 25, 2025).

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Verified:
Jun. 30, 2025

§ 31102's source at ca​.gov