§ 310.011. Payment of Nominal Franchise Fee.
10 CA ADC § 310.011Barclays Official California Code of Regulations
10 CCR § 310.011
§ 310.011. Payment of Nominal Franchise Fee.
There is exempted from the provisions of Chapter 2 (commencing with Section 31110) of Part 2 of the Law, any offer or sale of a franchise which would be subject to registration solely because the franchise is required to pay, directly or indirectly, a franchise fee which on an annual basis does not exceed the sum of $500.
Credits
Note: Authority cited: Sections 31110 and 31502, Corporations Code. Reference: Sections 31011, 31110, 31111, 31112, 31113, 31114, 31115, 31116, 31117, 31118, 31119, 31120, 31121, 31122, 31123, 31124, 31125, Corporations Code.
History
1. Amendment filed 1-4-72; effective thirtieth day thereafter (Register 72, No. 2).
2. Amendment filed 5-19-89; operative 6-18-89 (Register 89, No. 21).
3. Editorial correction of Note (Register 98, No. 32).
4. Amendment filed 6-4-2001; operative 7-4-2001 (Register 2001, No. 23).
5. Editorial correction of History 4 (Register 2001, No. 28).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 10, § 310.011, 10 CA ADC § 310.011
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