Corporations Code - CORP
TITLE 4. SECURITIES [25000 - 31528]
( Title 4 added by Stats. 1949, Ch. 384. ) DIVISION 5. FRANCHISE INVESTMENT LAW [31000 - 31528]
( Division 5 added by Stats. 1970, Ch. 1400. ) PART 3. FRAUDULENT AND PROHIBITED PRACTICES [31200 - 31221]
( Part 3 added by Stats. 1970, Ch. 1400. ) CHAPTER 1. Fraudulent Practices [31200 - 31204]
( Chapter 1 added by Stats. 1970, Ch. 1400. ) 31201.
It is unlawful for any person to offer or sell a franchise in this state by means of any written or oral communication not enumerated in Section 31200 which includes an untrue statement of a material fact or omits to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading.
(Added by Stats. 1970, Ch. 1400.)