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Section 445.1501 - Short Title; Construction. - Sec. 1. This act shall be known and may be...
Section 445.1502 - Definitions. - Sec. 2. (1) "Advertisement" means a written or printed communication...
Section 445.1503 - Additional Definitions; Burden of Proof. - Sec. 3. (1) "Franchise fee" means a fee or charge...
Section 445.1504 - Arrangements Between Franchisor and Franchisee to Which Act Applicable; Making Offer or Sale of Franchise in State; Accepting Offer to Sell in State; Communication of Acceptance. - Sec. 4. (1) This act applies to all written or...
Section 445.1504a - Applicability of Act. - Sec. 4a. This act shall not apply to a nonprofit...
Section 445.1504b - Franchisee as Sole Employer. - Sec. 4b. To the extent allocation of employer responsibilities between...
Section 445.1505 - Prohibited Conduct in Connection With Offer, Sale, or Purchase of Franchise. - Sec. 5. A person shall not, in connection with the...
Section 445.1505a - Franchise Opportunities Handbook. - Sec. 5a. The department, in cooperation with the Michigan consumers...
Section 445.1506 - Exemption of Offer and Sale of Franchise From MCL 445.1507a and 445.1508; Circumstances; Compliance With MCL 445.1508. - Sec. 6. (1) Except as provided in subsection (2), the...
Section 445.1507 - Repealed. 1984, Act 92, Eff. June 20, 1984. - Compiler's Notes: The repealed section pertained to conditions to exemption...
Section 445.1507a - Notice Required Prior to Offering for Sale or Selling Franchise; Fee; Form and Contents of Notice; Indorsement, Return, and Duration of Notice; Effect of Compliance; Penalty for Failure to File Notice; Duty of Franchisor With Effe... - Sec. 7a. (1) Prior to offering for sale or selling...
Section 445.1508 - Prospective Franchisee to Be Provided Copy of Disclosure Statement, Notice, and Proposed Agreements; Form and Contents of Disclosure Statement; Location and Contents of Notice. - Sec. 8. (1) A franchise shall not be sold in...
Section 445.1509-445.1511 - Repealed. 1984, Act 92, Eff. June 20, 1984. - Compiler's Notes: The repealed sections pertained to disclosure statement, exemption...
Section 445.1512 - Escrow of Initial Investment and Other Funds; Time; Surety Bond; Financial Institution as Escrow Agent; Release of Escrowed Funds; Affidavit. - Sec. 12. (1) A franchisor whose most recent financial statements...
Section 445.1513 - Conditions Prohibiting Offering for Sale or Selling Franchise. - Sec. 13. A franchise shall not be offered for sale...
Section 445.1514-445.1518 - Repealed. 1984, Act 92, Eff. June 20, 1984. - Compiler's Notes: The repealed sections pertained to effective date of...
Section 445.1519 - Filing Change in Information Contained in Notice. - Sec. 19. A franchisor shall file with the department promptly...
Section 445.1520 - Accounts of Franchise Sales; Reports; Examination of Records. - Sec. 20. A franchisor offering franchises for sale in this...
Section 445.1521 - Certain Facts Not to Constitute Finding or Approval; Representation Inconsistent With Section Prohibited. - Sec. 21. (1) The fact that documents required under this...
Section 445.1522 - Service of Process. - Sec. 22. The notice filed by a nonresident franchisor under...
Section 445.1523 - Untrue Statement, Omission, or Failure to Give Notice of Change. - Sec. 23. A person shall not make an untrue statement...
Section 445.1524 - Filing of Advertisement or Sales Literature; Exemption From Liability. - Sec. 24. (1) The department may by rule or order...
Section 445.1525 - Publication of False or Misleading Advertisement Prohibited. - Sec. 25. A person shall not publish an advertisement concerning...
Section 445.1526 - Repealed. 1984, Act 92, Eff. June 20, 1984. - Compiler's Notes: The repealed section pertained to violation of order.
Section 445.1527 - Void and Unenforceable Provisions. - Sec. 27. Each of the following provisions is void and...
Section 445.1528 - Pyramid. - Sec. 28. The department shall not accept for filing a...
Section 445.1529, 445.1530 - Repealed. 1984, Act 92, Eff. June 20, 1984. - Compiler's Notes: The repealed sections pertained to franchise agent's application...
Section 445.1531 - Liability for Damages or Rescission; Basis of Damages. - Sec. 31. (1) A person who offers or sells a...
Section 445.1532 - Joint and Several Liability. - Sec. 32. A person who directly or indirectly controls a...
Section 445.1533 - Statute of Limitations. - Sec. 33. An action shall not be maintained to enforce...
Section 445.1534 - Civil Liability; Liability Under Other Statute or Common Law. - Sec. 34. Except as explicitly provided in this act, civil...
Section 445.1535 - Action by Department for Injunction, Restitution, or Compliance; Restraining Order; Writ of Mandamus; Appointment of Receiver or Conservator; Bond Not Required; Costs; Notice of Action; Opportunity to Cease and Desist or to Confer... - Sec. 35. (1) Whenever it appears to the department that...
Section 445.1536 - Investigations; Statements Under Oath; Administration of Oaths and Affirmations; Subpoena; Evidence; Order Requiring Appearance; Self-Incrimination; Perjury; Contempt. - Sec. 36. (1) The department in its discretion may: (a)...
Section 445.1537 - Repealed. 1984, Act 92, Eff. June 20, 1984. - Compiler's Notes: The repealed section pertained to referring information as...
Section 445.1538 - Violation; Penalty; Punishing Crime Under Other Statute. - Sec. 38. A person who violates a provision of this...
Section 445.1539 - Prohibited Conduct Equivalent to Appointment of Corporations and Securities Bureau as Attorney for Service of Process; Procedure for Service of Process. - Sec. 39. When a person, including a nonresident of this...
Section 445.1540 - Collection and Disposition of Fees and Fines; Detailed Statement; Fee for Filing Notice Under MCL 445.1507a. - Sec. 40. (1) The department shall charge and collect the...
Section 445.1541 - Rules. - Sec. 41. The department shall promulgate rules pursuant to Act...
Section 445.1542 - Documents Subject to MCL 15.231 to 15.246; Publication of Information; Disclosure of Information Withheld From Public Inspection; Evidence Sought Under Subpoena. - Sec. 42. Filings, reports, and other papers and documents filed...
Section 445.1543-445.1545 - Repealed. 1984, Act 92, Eff. June 20, 1984. - Compiler's Notes: The repealed sections pertained to copies of documents...
Section 445.1546 - Prior Acts, Offenses, Rights, Liabilities, Penalties, Forfeiture, or Punishments Not Impaired or Affected; Transfer of Records, Personnel, and Funds. - Sec. 46. (1) This act does not impair or affect...