§ 19-28.1-8. Delivery requirements.
(a) It is unlawful to sell any franchise in this state without first providing a copy of a disclosure document reflecting all material changes together with a copy of all proposed agreements relating to the sale of the franchise, unless otherwise provided in subsection (b), to the prospective franchisee, not less than:
(1) [Deleted by P.L. 2016, ch. 153, § 2 and P.L. 2016, ch. 159, § 2].
(2) Fourteen (14) calendar days prior to the execution of an agreement or payment of any consideration relating to the franchise relationship.
(b) The delivery requirements in subsection (a) do not apply to the offer or sale of a franchise that is exempt under § 19-28.1-6(2), (3), (6), or (8).
History of Section.P.L. 1993, ch. 395, § 2; P.L. 2016, ch. 153, § 2; P.L. 2016, ch. 159, § 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.