§ 19-28.1-4. Scope and applicability.
(a) This act applies to a franchise that is offered or sold in this state.
(b) A franchise is offered for sale in this state if an offer to sell is made or accepted in this state or an offer to buy is accepted in this state.
(c) An offer to sell is made in this state if the offer is directed by the offeror into this state from within or from outside this state and is received where it is directed. An offer to sell is accepted in this state if the offeree communicates acceptance to the offeror in this state and acceptance is received where it is directed.
(d) This act also applies to a franchise offered or sold outside this state if it is offered or sold to a resident of this state and is to be operated in this state.
(e) An offer to sell is not made in this state solely because the offer appears in a newspaper or other publication of general and regular circulation that had more than two thirds (⅔) of its circulation outside this state during the past twelve (12) months or solely because the offer appears in a broadcast or transmission originating outside this state.
History of Section.P.L. 1993, ch. 395, § 2.
Structure Rhode Island General Laws
Title 19 - Financial Institutions
Chapter 19-28.1 - Franchise Investment Act
Section 19-28.1-1. - Short title.
Section 19-28.1-2. - Legislative intent.
Section 19-28.1-3. - Definitions.
Section 19-28.1-4. - Scope and applicability.
Section 19-28.1-5. - Registration of franchises.
Section 19-28.1-6. - Exemption from registration.
Section 19-28.1-7. - Out-of-state exemption.
Section 19-28.1-8. - Delivery requirements.
Section 19-28.1-9. - General registration provisions.
Section 19-28.1-10. - Negotiated changes permitted.
Section 19-28.1-11. - Change in information.
Section 19-28.1-12. - Advertising.
Section 19-28.1-13. - Books and records.
Section 19-28.1-14. - Jurisdiction and venue.
Section 19-28.1-15. - Waivers void.
Section 19-28.1-16. - Franchisee’s right to associate.
Section 19-28.1-17. - Fraudulent, deceptive and prohibited practices.
Section 19-28.1-18. - Enforcement.
Section 19-28.1-19. - Summary action.
Section 19-28.1-20. - Criminal prosecution.
Section 19-28.1-21. - Private civil actions.
Section 19-28.1-22. - Period of limitation.
Section 19-28.1-23. - No other civil liability.
Section 19-28.1-24. - Burden of proof.
Section 19-28.1-25. - Hearings and judicial review.
Section 19-28.1-26. - Powers of director.
Section 19-28.1-27. - Rules, orders, forms and interpretive opinions.
Section 19-28.1-28. - Service of process.
Section 19-28.1-30. - Appropriation.
Section 19-28.1-31. - Cooperation with other agencies or organizations.
Section 19-28.1-32. - Filing of documents.