Effective: September 28, 2012
Latest Legislation: Senate Bill 196 - 129th General Assembly
Except for division (H) of section 1334.03 and section 1334.04 of the Revised Code, sections 1334.01 to 1334.15 of the Revised Code do not apply to:
(A) Any transaction that complies in all material respects with the trade regulation rule of the federal trade commission, "disclosure requirements and prohibitions concerning franchising," 16 C.F.R. 436.1 et seq., as may be amended from time to time, that is in effect on the date of the transaction;
(B) Any transaction that complies in all material respects with the trade regulation rule of the federal trade commission, "disclosure requirements and prohibitions concerning business opportunities," 16 C.F.R. 437.1 et seq., as may be amended from time to time, that is in effect on the date of the transaction.
Structure Ohio Revised Code
Title 13 | Commercial Transactions
Chapter 1334 | Business Opportunity Plans
Section 1334.01 | Business Opportunity Plan Definitions.
Section 1334.02 | Written Disclosure Document.
Section 1334.03 | Prohibitions.
Section 1334.04 | Seller to Establish Surety Bond or Establish Trust Account.
Section 1334.05 | Right to Cancel.
Section 1334.06 | Written Agreements - Contents.
Section 1334.07 | Attorney General Investigations.
Section 1334.08 | Attorney General Actions.
Section 1334.09 | Action for Rescission and Damages.
Section 1334.10 | Jurisdiction.
Section 1334.12 | Application of Chapter.
Section 1334.13 | Certain Franchising Transactions Exempted.
Section 1334.14 | Burden of Proof.