US Laws, Codes, Statutes & Cases

     80C.18 Administrative pronouncements. 

    Subdivision 1.    Rulemaking.  The commissioner may promulgate 
 rules to 
 carry out the provisions of sections 80C.01 to 80C.22, including 
 rules and forms governing public offering statements, 
 applications, financial statements and annual reports, and 
 defining any terms, whether or not used in sections 80C.01 to 
 80C.22, insofar as the definitions are not inconsistent with 
 sections 80C.01 to 80C.22.  The commissioner may define by rule 
 false, fraudulent or deceptive practices in the offer and sale 
 of franchises.  For the purpose of rules and forms the 
 commissioner may classify franchises, persons and matters within 
 the commissioner's jurisdiction, and prescribe different 
 requirements for different classes.  Rules shall be promulgated 
 in accordance with chapter 14.  

    Subd. 2.    Interpretive opinions.  The commissioner may, upon 
 request and upon 
 payment of a fee of $50, honor requests for interpretive 
 opinions relating to sections 80C.01 to 80C.22.  

    HIST: 1973 c 612 s 18; 1981 c 165 s 7; 1985 c 248 s 70; 1986 c 
 444; 1993 c 13 art 1 s 21 

Copyright 2005 by the Office of Revisor of Statutes, State of Minnesota.