Last week, a bill was introduced to amend Oregon law by adding new rules for franchisors doing business in the state. If passed, the bill would impose several new requirements on franchisors.
Following the example set earlier this week by Maryland, Virginia has announced that it is extending the renewal periods for franchisors registered in the state by a period of twenty-one days.
Despite what some in the industry say, it’s neither illegal nor uncommon for franchisors to negotiate franchise agreements with prospective franchise buyers.
Bringing franchise registrations into the 21st century, Washington may require franchisors to e-file registrations.
Unlike most states, California’s registration and disclosure law does not stop applying when the franchise agreement is signed. An agreement between the parties to materially change (or amend) an existing franchise agreement is an event triggering special requirements in California.
Nevada’s new law AB 276 provides comfort to franchisors seeking to enforce covenants not to compete in the state.