We have some improvements in the works that we're excited for you to experience.
Click here
to try our new, faster beta site.
We will be maintaining our current version of the site until the middle of CY 2023,
so you can switch back as our improvements continue.
DIGEST OF SB423 (Updated February 26, 2002 7:10 PM - DI 84)
Franchise act material changes and advertisements. Requires that for certain persons connected with a franchise the securities commissioner must make a finding that the person creates an unreasonable risk before the commissioner may issue a stop order. Repeals the requirement that a franchisor promptly notify the securities commissioner in writing of a material change in the information contained in a registration by filing an application to amend the registration. Repeals the prohibition against publishing an advertisement concerning a franchise unless a copy of the advertisement has been filed with the securities commissioner. Makes a conforming amendment.