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Minnesota is a franchise registration state. Before you offer or sell a franchise in Minnesota, you must register your Franchise Disclosure Document (FDD) with the Securities Division of the Minnesota Department of Commerce.
While Iowa does not require registration, the State has enacted Business Opportunity Laws. But a franchisor is exempt from these laws as long as they abide by the Federal Franchise Rule. Kansas is a non-registration state. Massachusetts is a non-registration state.
What Potential Business Owners Need to Know About Franchise Registration States CategoryStatesFranchise Registration StatesCalifornia, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, Hawaii, Illinois, Indiana, Virginia, Washington, Wisconsin4 more rows
× 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.
Massachusetts does not require that a franchise be registered or file any documentation with the state of Massachusetts prior to offering or selling franchises in the state. Massachusetts is considered a non-registration state.
Minnesota franchise law provides: ?No person may offer or sell any franchise in this state unless there is an effective registration statement on file in ance with the provisions of sections 80C.
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.