Corporations Code section 31201

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.

Source: Section 31201, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=31201. (accessed Jun. 2, 2025).

31200
31201
31202
31203
31204

Last Updated

May 12, 2025

§ 31201’s source at ca.gov

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Location: https://california.public.law/codes/corporations_code_section_31201

Original Source: Section 31201, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=31201. (last accessed May 12, 2025).