Corp. Code, § 31201 · Chapter 1. Fraudulent Practices
Corp. Code, § 31201
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
It is unlawful for any person to offer or sell a franchise in this state by means of any written or oral communication not enumerated in Section 31200 which includes an untrue statement of a material fact or omits to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading.
Notes and commentary — not statutory text
History
Added by Stats. 1970, Ch. 1400.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=31201.
- Text hash
- sha256 0cb4e4d29ed77d0babe32f4d48eb73ee38f8a7a1ddaac10b90f2c6dd5ab17dad
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
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Corporations Code
Cited by 4 provisions
Provisions in this library whose text cites Corp. Code, § 31201. Each shows the citation as that text prints it.
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