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Texas has not enacted franchise specific laws and is not a franchise registration state. However, Texas has enacted Business Opportunity Laws and, before offering or selling a franchise in Texas, you must first file a one-time Business Opportunity Exemption Notice with the Texas Secretary of State.
Franchise registration states include California, Maryland, Michigan, Minnesota, New York, and North Dakota. Franchise filing states include Connecticut, Florida, Kentucky, South Carolina, and South Dakota.
The State of Alabama is not a franchise registration state. This means that to offer or sell franchises in Alabama you do not need to register your Franchise Disclosure Document (?FDD?) with the state.
Questions? As one of several states in the United States that requires registration of franchise offerings, the Minnesota Department of Commerce-Securities Division is responsible for overseeing and helping to maintain the integrity of the franchise community in the State of Minnesota.
FLORIDA FRANCHISE LAWS There is no state franchise registration required in Florida. Business Opportunity Exemption Registration in Florida. The Florida Sale of Business Opportunities Act includes an exemption for franchises meeting the federal definition of a franchise under the FTC Franchise Rule.
Yes. California is a franchise registration state. The initial FDD registration fee is $675 and the FDD renewal fee is $450. Before offering or selling a franchise in the State of California franchisors must first register their FDD with the California Department of Financial Protection and Innovation.
× The Franchise Registration States are states that, in addition to the Federal Franchise Laws, have issued supplemental franchise laws and require franchisors to register their Franchise Disclosure Document (FDD) with a local state regulator before offering or selling a franchise within the state.