Relating to prohibited provisions in franchise agreements.
Catchline/Summary:
Prohibits a franchisor from requiring a franchisee to purchase goods, supplies, inventories or services from the franchisor or a source the franchisor designates if goods, supplies, inventories or services of comparable quality are available elsewhere. Digest: Tells a franchisor not to make a franchisee buy goods or services from the franchisor or a source the franchisor favors. Lists some exceptions. Says that a franchisor may not get money, goods or a benefit from a person that does business with a franchisee unless the franchisor passes the money, goods or benefit to the franchisee right away. Lists an exception. (Flesch Readability Score: 64.9).
Prohibits a franchisor from requiring a franchisee to purchase goods, supplies, inventories or services from the franchisor or a source the franchisor designates if goods, supplies, inventories or services of comparable quality are available elsewhere. Specifies exceptions.
Prohibits a franchisor from receiving payment, goods, services or any other benefit from a person with which a franchisee does business unless the franchisor accounts for and transmits to the franchisee the payment, goods, service or benefit. Specifies exceptions.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
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