§ 310.156.1. Standards Relating to Advertisements.
10 CA ADC § 310.156.1Barclays Official California Code of Regulations
10 CCR § 310.156.1
§ 310.156.1. Standards Relating to Advertisements.
Any advertisement of a franchise should disclose fairly and accurately such relevant facts concerning the franchise, the terms and conditions thereof and the material rights and liabilities created thereunder as are necessary to make the advertisement not misleading. Normally, an advertisement should also comply with the following more specific standards:
“THESE FRANCHISES HAVE BEEN REGISTERED UNDER THE FRANCHISE INVESTMENT LAW OF THE STATE OF CALIFORNIA. SUCH REGISTRATION DOES NOT CONSTITUTE APPROVAL, RECOMMENDATION OR ENDORSEMENT BY THE COMMISSIONER OF BUSINESS OVERSIGHT NOR A FINDING BY THE COMMISSIONER THAT THE INFORMATION PROVIDED HEREIN IS TRUE, COMPLETE AND NOT MISLEADING.”
(e) If the advertisement contains any endorsement or recommendation of the franchises by any public figure, whether express or implied (for example, by the inclusion of such person's photograph or name in the advertisement), full disclosure shall be made of any compensation or other benefit given or promised by the franchisor or any person associated with the franchisor to such person, directly or indirectly. The disclosure required in this Subsection (e) shall be made in the same document containing the advertisement or, if such advertisement is presented on radio or television, as a part of the same program, without any intermission or other intervening material.
Credits
Note: Authority cited: Section 31502, Corporations Code. Reference: Sections 31111 and 31156, Corporations Code.
History
1. Amendment filed 3-15-83; effective thirtieth day thereafter (Register 83, No. 12).
2. Amendment of subsection (b) filed 7-27-88; operative 8-26-88 (Register 88, No. 32).
3. Amendment of subsection (b) filed 4-6-94; operative 5-6-94 (Register 94, No. 14).
4. Change without regulatory effect amending subsection (c) and Note filed 8-13-2014 pursuant to section 100, title 1, California Code of Regulations (Register 2014, No. 33).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 10, § 310.156.1, 10 CA ADC § 310.156.1
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