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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.
South Dakota is a franchise registration state. So, you must file your FDD with the Division of Insurance and Securities Regulation of the South Dakota Department of Labor and Regulation prior to offering or selling franchises in the state.
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.
New Jersey is classified as a non-registration state, as there are no currently enacted laws requiring franchisors to register with the state as a franchise or business opportunity, or to provide disclosures to franchisees beyond what is already required by the Federal Trade Commission Amended Franchise Rule, 16 C.F.R.
Federal Franchise Registration Requirements The federal Franchise Rule does not require that a franchisor register or file its FDD with any specific federal agency, including the FTC.
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.
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.