Sec. 26. No person shall publish or cause to be published any advertisement concerning any franchise in Indiana after the commissioner finds that the advertisement contains any statement that is false, is misleading or omits to make any statement necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading and so notifies the person in writing. Such notification may be given without notice of hearing. At any time after the issuance of a notification under this section, the person desiring to use the advertisement may request in writing that the order be rescinded. Upon the receipt of such written request, the matter shall be set down for hearing to commence within fifteen (15) days after receipt of the request unless the person making that request consents to a later date.
Formerly: Acts 1975, P.L.262, SEC.1.
Structure Indiana Code
Title 23. Business and Other Associations
Article 2. Securities and Franchises
23-2-2.5-0.5. Consideration of Franchisor as Employer or Co-Employer
23-2-2.5-2. Application of Chapter
23-2-2.5-4. Exempt Franchisees
23-2-2.5-5. Sales Exempted by Commissioner
23-2-2.5-6. Denial or Revocation of Exemptions; Grounds
23-2-2.5-7. Notice of Denial or Revocation of Exemptions; Hearing
23-2-2.5-8. Determination of Exemption; Request; Fee; Notice; Hearing; Order
23-2-2.5-9. Offer or Sale of Franchise; Requisites; Disclosure Statement
23-2-2.5-10.5. Registration of Franchise; Notification Form
23-2-2.5-11. Signatures and Verifications
23-2-2.5-12. Escrow or Impoundment of Franchise Fees; Inadequate Funding
23-2-2.5-13. Disclosure Statements
23-2-2.5-13.1. Material Change in Information; Amended Disclosure Statement Required
23-2-2.5-14. Stop Orders; Descriptions of Charges
23-2-2.5-15. Notice of Stop Order
23-2-2.5-16. Stop Orders; Vacating or Modifying
23-2-2.5-17. Effectiveness of Registration
23-2-2.5-18. Renewal of Registration; Period
23-2-2.5-23. Registration or Filing Not Considered Finding Upon Merits
23-2-2.5-24. Consent to Service of Process on Secretary of State
23-2-2.5-26. Advertisements Containing False Statements; Notification; Hearing
23-2-2.5-27. Fraud or Deceit Unlawful
23-2-2.5-28. Violations; Judgment; Damages; Interest; Attorney's Fees
23-2-2.5-29. Aiders and Abettors in Violations; Joint and Several Liability
23-2-2.5-30. Limitation of Actions
23-2-2.5-31. Survival of Actions
23-2-2.5-33. Investigations; Proceedings; Powers; Self-Incrimination
23-2-2.5-34. Violations; Orders and Notices; Hearing; Costs; Civil Penalties; Enforcement Action
23-2-2.5-36. Prosecution of Violations
23-2-2.5-37. Violations; Felony
23-2-2.5-38. Conduct Equivalent to Appointment of Secretary of State for Service of Process
23-2-2.5-39. Exemption or Classification; Burden of Proof
23-2-2.5-40. Certificate of Commissioner as Evidence
23-2-2.5-41. Statements and Documents Filed With Secretary of State as Evidence
23-2-2.5-42. Administration of Chapter
23-2-2.5-43. Fees and Funds; Accounting; Fees for Registration and Renewal
23-2-2.5-45. Assistance of Attorney General; Expenses
23-2-2.5-46. Liability for Performance of Official Duties
23-2-2.5-47. Construction and Purpose of Chapter
23-2-2.5-49. Construction With Other Laws
23-2-2.5-50. Administrative Orders and Procedures
23-2-2.5-51. Service Stations; Succession to Ownership by Family Member of Deceased Franchisee