Corp. Code, § 31520 · Part 7. FRANCHISE BROKERS
Corp. Code, § 31520
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) A franchise broker shall register by filing online all of the following with the commissioner:
(1) A completed Uniform Franchise Broker Disclosure Document, as created and modified by the commissioner, that is signed and verified as true and correct by the filer.
(2) Any additional documents or exhibits prescribed by the commissioner.
(3) The required registration fee, as set forth in Section 31500.
(4) Copies of financial securities and insurance policies the commissioner requires the franchise broker to obtain and maintain.
(b) Subject to Section 31522, the registration shall be effective upon filing a complete application, including all required documents, and paying all applicable fees.
(c) Subject to Section 31522, a registration pursuant to this section shall expire on December 31 of the year in which the registration became effective.
Notes and commentary — not statutory text
History
Added by Stats. 2024, Ch. 518, Sec. 5. (SB 919) Effective January 1, 2025. Conditionally operative on or after July 1, 2026, pursuant to Sec. 31528
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=31520.
- Text hash
- sha256 678b944d900f76f13227d43a3aea7d78a34c8a8fde6e4b6d23f2a77451f8cd75
- 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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