2011 California Code
Corporations Code
TITLE 4. SECURITIES [25000 - 31516]
CHAPTER 2. Prohibited Practices
Section 31210
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 such person is: (1) identified in an application or amended application filed with the commissioner pursuant to Part 2 (commencing with Section 31100) of this division, (2) licensed by the California Department of Real Estate as a real estate broker or real estate salesman, or (3) licensed by the commissioner as a broker-dealer or agent pursuant to the Corporate Securities Law of 1968.
(Added by Stats. 1970, Ch. 1400.)
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