Subdivision 1. Documents; untrue material facts and omitted material changes. No person may make or cause to be made any untrue statement of a material fact in any application, notice, report, or other document filed with the commissioner under sections 80C.01 to 80C.22, or omit to state in any such application, notice, report or other document any material fact which is required to be stated therein, or fail to notify the commissioner of any material change as required by section 80C.07.
Subd. 2. Communications; untrue or omitted material facts. No person may offer or sell a franchise in this state by means of any written or oral communication which includes an untrue statement of a material fact or which 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.
Subd. 3. Misrepresentations related to registration and filing. No person may represent or cause to be represented to any prospective purchaser of a franchise that the filing of any document under sections 80C.01 to 80C.22 or the registration or exemption from registration of a franchise constitutes a finding by the commissioner that any document filed under sections 80C.01 to 80C.22 is true, complete, and not misleading, or that the commissioner has passed in any way upon the merits of any franchise, and no person may represent that a franchise is registered or exempted from registration when in fact, such is not the case.
1973 c 612 s 13
Structure Minnesota Statutes
Chapters 80B - 81A — Commercial Regulations
Section 80C.02 — Registration Requirement.
Section 80C.04 — Application For Registration.
Section 80C.05 — Registration Provisions.
Section 80C.06 — Public Offering Statement.
Section 80C.07 — Amendment Of Registration.
Section 80C.08 — Annual Report.
Section 80C.10 — Books, Records And Accounts.
Section 80C.11 — Opinions, Appraisals, And Reports.
Section 80C.12 — Denial, Suspension Or Revocation Of Registrations Or Exemptions.
Section 80C.13 — Prohibited Practices.
Section 80C.14 — Unfair Practices.
Section 80C.144 — Exempt Motor Fuel Franchises; Alternative Compliance.
Section 80C.145 — Motor Fuel Franchises; Right Of Survivorship.
Section 80C.146 — Elimination Of Service Bays Prohibited.
Section 80C.147 — Change In Ownership.
Section 80C.16 — Enforcement; Penalties And Remedies.
Section 80C.17 — Civil Liability.
Section 80C.18 — Administrative Pronouncements.
Section 80C.19 — Scope Of Sections 80c.01 To 80c.22.
Section 80C.20 — Service Of Process.