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Corp. Code, § 31210 · Chapter 2. Prohibited Practices

Corp. Code, § 31210

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

It is unlawful for any person to effect or attempt to effect a sale of a franchise in this state, except in transactions exempted under Chapter 1 (commencing with Section 31100) of Part 2 of this division, unless that person is any of the following:

(a) Identified in Item 2 of a franchise disclosure document submitted with an application or amended application filed with the commissioner pursuant to Part 2 (commencing with Section 31100) of this division.

(b) Licensed by the Department of Real Estate as a real estate broker or real estate salesperson.

(c) Licensed by the commissioner as a broker-dealer or agent pursuant to the Corporate Securities Law of 1968.

(d) Registered as a franchise broker pursuant to Part 7 (commencing with Section 31520).

Notes and commentary — not statutory text

History

Amended by Stats. 2024, Ch. 518, Sec. 2. (SB 919) Effective January 1, 2025.

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&sectionNum=31210.
Text hash
sha256 4b6a8f6810e59d7d15e8aadcb5c9825cce672eef6dbd527409d4019cc33622e3
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

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