CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION Senate Bill No. 1247Introduced by Senator HuesoFebruary 17, 2022 An act relating to franchises. LEGISLATIVE COUNSEL'S DIGESTSB 1247, as introduced, Hueso. The Franchise Investment Law: franchise agreements.The Franchise Investment Law requires a franchisor to register with the Department of Financial Protection and Innovation before the offer or sale of a franchise in this state, unless that the franchisor meets prescribed requirements, including that the franchisor discloses specified terms and conditions of the franchise agreement to a prospective franchisee and provides a copy of the typical franchise agreement in this state. Existing law prohibits specified fraudulent or unfair practices and provides the commissioner of the department with the authority to adopt regulations to carry out these provisions.This bill would declare the intent of the Legislature to enact legislation that would make changes to the terms and conditions that may lawfully be included in a franchise agreement.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. It is the intent of the Legislature to enact legislation that would make changes to the terms and conditions that may lawfully be included in a franchise agreement.
CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION Senate Bill No. 1247Introduced by Senator HuesoFebruary 17, 2022 An act relating to franchises. LEGISLATIVE COUNSEL'S DIGESTSB 1247, as introduced, Hueso. The Franchise Investment Law: franchise agreements.The Franchise Investment Law requires a franchisor to register with the Department of Financial Protection and Innovation before the offer or sale of a franchise in this state, unless that the franchisor meets prescribed requirements, including that the franchisor discloses specified terms and conditions of the franchise agreement to a prospective franchisee and provides a copy of the typical franchise agreement in this state. Existing law prohibits specified fraudulent or unfair practices and provides the commissioner of the department with the authority to adopt regulations to carry out these provisions.This bill would declare the intent of the Legislature to enact legislation that would make changes to the terms and conditions that may lawfully be included in a franchise agreement.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO
CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION
Senate Bill
No. 1247
Introduced by Senator HuesoFebruary 17, 2022
Introduced by Senator Hueso
February 17, 2022
An act relating to franchises.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
SB 1247, as introduced, Hueso. The Franchise Investment Law: franchise agreements.
The Franchise Investment Law requires a franchisor to register with the Department of Financial Protection and Innovation before the offer or sale of a franchise in this state, unless that the franchisor meets prescribed requirements, including that the franchisor discloses specified terms and conditions of the franchise agreement to a prospective franchisee and provides a copy of the typical franchise agreement in this state. Existing law prohibits specified fraudulent or unfair practices and provides the commissioner of the department with the authority to adopt regulations to carry out these provisions.This bill would declare the intent of the Legislature to enact legislation that would make changes to the terms and conditions that may lawfully be included in a franchise agreement.
The Franchise Investment Law requires a franchisor to register with the Department of Financial Protection and Innovation before the offer or sale of a franchise in this state, unless that the franchisor meets prescribed requirements, including that the franchisor discloses specified terms and conditions of the franchise agreement to a prospective franchisee and provides a copy of the typical franchise agreement in this state. Existing law prohibits specified fraudulent or unfair practices and provides the commissioner of the department with the authority to adopt regulations to carry out these provisions.
This bill would declare the intent of the Legislature to enact legislation that would make changes to the terms and conditions that may lawfully be included in a franchise agreement.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. It is the intent of the Legislature to enact legislation that would make changes to the terms and conditions that may lawfully be included in a franchise agreement.
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. It is the intent of the Legislature to enact legislation that would make changes to the terms and conditions that may lawfully be included in a franchise agreement.
SECTION 1. It is the intent of the Legislature to enact legislation that would make changes to the terms and conditions that may lawfully be included in a franchise agreement.
SECTION 1. It is the intent of the Legislature to enact legislation that would make changes to the terms and conditions that may lawfully be included in a franchise agreement.
### SECTION 1.