13 CRR-NY 200.13NY-CRR
13 CRR-NY 200.13
13 CRR-NY 200.13
200.13 Unregistered franchise offers over the Internet.
Any communication made through the Internet, the World Wide Web, or any other similar proprietary or common carrier electronic delivery system, of an offer to sell a franchise that is not registered in New York, (“Internet offer”) is exempt from registration provisions, if:
(a) the Internet offer indicates, directly or indirectly, that the franchise is not being offered to residents of this State;
(b) the Internet offer is not otherwise directed to any person in this State by or on behalf of the franchisor or anyone acting with the franchisor's knowledge; and
(c) no franchise is old in this State by or on behalf of the franchisor until the offering has been registered and declared effective and the Uniform Franchise Offering Circular has been delivered to the offeree before the sale in compliance with article 33 of the General Business Law, the New York Franchise Act.
13 CRR-NY 200.13
Current through July 31, 2021
| End of Document |
IMPORTANT NOTE REGARDING CONTENT CURRENCY: The "Current through" date indicated immediately above is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Administrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of NYS Rules.