Bringing franchise registrations into the 21st century, Washington may require franchisors to e-file registrations.
Virginia Proposes Amendment to Franchise Rules
The Virginia State Corporation Commission is considering implementing a new exemption to its disclosure and registration law for large initial franchise investments in excess of $5 million.
Franchisors: Be Aware of California’s Unique Law Before Amending a Franchise Agreement
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 on Non-Competition Agreements Changes the Landscape for Franchisors
Nevada’s new law AB 276 provides comfort to franchisors seeking to enforce covenants not to compete in the state.
Franchises Added 26,000 New Jobs in September 2016
The ADP National Franchise Report states that the franchise industry added 26,000 jobs to the U.S. economy in September 2016.
California Franchising Bills Vetoed by Governor Brown
California Assembly Bills 1782 and 2637, which would have improved the regulatory climate for franchises in the state, have been vetoed by Governor Jerry Brown after being passed by an overwhelming majority of the legislature.
