§ 310.156.3. Exemption for Internet Advertisements.
10 CA ADC § 310.156.3Barclays Official California Code of Regulations
10 CCR § 310.156.3
§ 310.156.3. Exemption for Internet Advertisements.
(a) Any communication made in connection with an offer or sale of a franchise posted on a website on the Internet (“Internet advertisement”) is exempt from the requirements of Corporations Code Section 31156 for filing advertisements with the Commissioner provided a franchisor complies with all of the following:
(2) The Internet advertisement is not directed to any person in the State of California by or on behalf of the franchisor or anyone acting with the franchisor's knowledge. For the purposes of this section, “directed to any person in the State of California,” means directed to a specifically named person, or group of persons, and not to the public generally, and includes, but is not limited to, non-passive forms of communication such as e-mail, instant messages, or other similar modes of communication; and
OUR WEBSITE HAS NOT BEEN REVIEWED OR APPROVED BY THE CALIFORNIA DEPARTMENT OF BUSINESS OVERSIGHT. ANY COMPLAINTS CONCERNING THE CONTENT OF THIS WEBSITE MAY BE DIRECTED TO THE CALIFORNIA DEPARTMENT OF BUSINESS OVERSIGHT at www.dbo.ca.gov.
(b) Any notice filed in compliance with subsection (a) shall be effective from the date the notice is filed with the Commissioner until the end of the franchisor's then-currently effective registration period, as specified in Section 310.120. The exemption may be renewed for additional periods of one year by submitting to the Commissioner no later than the end of the franchisor's then-currently effective registration period, as specified in Section 310.120, an additional written notice that complies with the requirements of subsection (a).
Credits
Note: Authority cited: Sections 31156 and 31506, Corporations Code. Reference: Sections 31110, 31111, 31114 and 31156, Corporations Code.
History
1. New section filed 6-10-2003; operative 7-10-2003 (Register 2003, No. 24).
2. Change without regulatory effect amending subsection (a)(3) 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, § 310.156.3, 10 CA ADC § 310.156.3
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