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The Nebraska Franchise Notice of Exemption is a one-time filing and does not require renewal. Amendments to the seller or filer's contact information may be made by submitting an updated Nebraska Franchise Notice of Exemption to the Bureau of Securities. Such amendments do not require payment of a fee.
The following states have registration laws for franchises with a registered trademark: California. Hawaii. Illinois.
In 2022, it was estimated that there will be some 792,000 franchise establishments in the United States, with an economic output of roughly 827 billion U.S. dollars and the number of employees totaling almost 8.5 million people.
Franchise Laws at the Federal Level While many franchise requirements vary from state to state, the sale of every franchise across the country must meet federal requirements. Most of the federal obligations are contained in the Federal Franchise Rule at 16 C.F.R. §436 et seq.
Similar to other laws that have federal and state input, franchise laws are governed by a common federal element: compliance with the Federal Trade Commission's Franchise Rule. States may have added laws and protections, but that varies from state to state.
The following states have franchise laws that require that the Franchise Disclosure Document be registered or filed with the state, or be exempt from registration: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and ...
Nebraska is a franchise filing state, not a registration state. Prior to offering or selling a franchise in Nebraska, you must file a notice with the State of Nebraska Department of Banking and Finance, Bureau of Securities. The initial Nebraska filing fee is $100.