Federal Trade Commission Franchise Rule

Definitions

Obligation to Furnish Documents

Cover Page

Table of Contents

Disclosure Items

Instructions for Preparing Disclosure Documents

Instructions for Updating Disclosures

Exemptions 

Additional Prohibitions

Other Laws and Rules

Severability

Michigan Franchise Investment Law

Short Title; Construction

Definitions 

Additional Definitions; Burden of Proof

Arrangements Between Franchisor and Franchisee Which Act Applicable; Making Offer or Sale of Franchise in State; Accepting Offer to Sell in State; Communication of Acceptance


Applicability of Act

Franchisee as Sole Employer

Prohibited Conduct in Connection with Offer, Sale, or Purchase of Franchise

Franchise Opportunities Handbook

Exemption of Offer and Sale of Franchise from MCL 445.1507a and 445.1508; Circumstances; Compliance with MCL 445.1508

Repealed 

Notice Required Prior to Offering for Sale or Selling Franchise; Fee; Form and Contents of Notice; Indorsement, Return, and Duration of Notice; Effect of Compliance; Penalty for Failure to File Notice; Duty of Franchisor with Effective Registration or Exemption from Registration; Validity and Enforceability of Franchise Documents; Written Notice of Filing Date and Penalties; Failure to Notify Franchisor

Prospective Franchisee to be Provided Copy of Disclosure Statement, Notice, and Proposed Agreements; Form and Contents of Disclosure Statement; Location and Contents of Notice

Repealed

Repealed 

Repealed 

Escrow of Initial Investment and Other Funds; Time; Surety Bond; Financial Institution as Escrow Agent; Release of Escrowed Funds; Affidavit

Conditions Prohibiting Offering for Sale or Selling Franchise

Repealed 

Repealed 

Repealed 

Repealed 

Repealed 

Filing Change in Information Contained in Notice

Accounts of Franchise Sales; Reports; Examination of Records

Certain Facts not to Constitute Finding or Approval; Representation Inconsistent with Section Prohibited

Service of Process

Untrue Statement, Omission, or Failure to Give Notice of Change

Filing of Advertisement or Sales Literature; Exemption from Liability

Publication of False or Misleading Advertisement Prohibited

Repealed 

Void and Unenforceable Provisions

Pyramid 

Repealed 

Repealed 

Liability for Damages or Rescission; Basis of Damages

Joint and Several Liability

Statute of Limitations

Civil Liability; Liability Under Other Statute or Common Law

Action by Department for Injunction, Restitution, or Compliance; Restraining Order; Writ of Mandamus; Appointment of Receiver or Conservator; Bond not Required; Costs; Notice of Action; Opportunity to Cease and Desist or to Confer with Department; Presumption of Immediate Irreparable Harm

Investigations; Statements Under Oath; Administration of Oaths and Affirmations; Subpoena; Evidence; Order Requiring Appearance; Self-Incrimination; Perjury; Contempt

Repealed 

Violation; Penalty; Punishing Crime Under Other Statute

Prohibited Conduct Equivalent to Appointment of Corporations and Securities Bureau as Attorney for Service of Process; Procedure for Service of Process

Collection and Disposition of Fees and Fines; Detailed Statement; Fee for Filing Notice Under MCL 445.1507a

Rules 

Documents Subject to MCL 15.231 to 15.246; Publication of Information; Disclosure of Information Withheld from Public Inspection; Evidence Sought Under Subpoena

Repealed 

Repealed 

Repealed 

Prior Acts, Offenses, Rights, Liabilities, Penalties, Forfeiture, or Punishments not Impaired or Affected; Transfer of Records, Personnel, and Funds

Disclaimer

The links may not be to the most recent version of a statute. The State or Federal agency or agencies identified above may have more current or accurate information. While we strive to provide reliable and up-to-date resources, we do not make any guarantees about the accuracy or completeness on this site or the links above. We recommend consulting with a qualified legal professional for specific advice and information tailored to your individual circumstances. Buchalter APC shall not be liable for any reliance placed on the content of the external links.