269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)

  1. Law
  2. Michigan Compiled Laws
  3. Trade and Commerce
  4. 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)

Checkout our iOS App for a better way to browser and research.

Section
445.1501

Short Title; Construction.

Section
445.1502

Definitions.

Section
445.1503

Additional Definitions; Burden of Proof.

Section
445.1504

Arrangements Between Franchisor and Franchisee to Which Act Applicable; Making Offer or Sale of Franchise in State; Accepting Offer to Sell in State; Communication of Acceptance.

Section
445.1504a

Applicability of Act.

Section
445.1504b

Franchisee as Sole Employer.

Section
445.1505

Prohibited Conduct in Connection With Offer, Sale, or Purchase of Franchise.

Section
445.1505a

Franchise Opportunities Handbook.

Section
445.1506

Exemption of Offer and Sale of Franchise From MCL 445.1507a and 445.1508; Circumstances; Compliance With MCL 445.1508.

Section
445.1507

Repealed. 1984, Act 92, Eff. June 20, 1984.

Section
445.1507a

Notice Required Prior to Offering for Sale or Selling Franchise; Fee; Form and Contents of Notice; Indorsement, Return, and Duration of Notice; Effect of Compliance; Penalty for Failure to File Notice; Duty of Franchisor With Effective Registration or Exemption From Registration; Validity and Enforceability of Franchise Documents; Written Notice of Filing Date and Penalties; Failure to Notify Franchisor.

Section
445.1508

Prospective Franchisee to Be Provided Copy of Disclosure Statement, Notice, and Proposed Agreements; Form and Contents of Disclosure Statement; Location and Contents of Notice.

Section
445.1509-445.1511

Repealed. 1984, Act 92, Eff. June 20, 1984.

Section
445.1512

Escrow of Initial Investment and Other Funds; Time; Surety Bond; Financial Institution as Escrow Agent; Release of Escrowed Funds; Affidavit.

Section
445.1513

Conditions Prohibiting Offering for Sale or Selling Franchise.

Section
445.1514-445.1518

Repealed. 1984, Act 92, Eff. June 20, 1984.

Section
445.1519

Filing Change in Information Contained in Notice.

Section
445.1520

Accounts of Franchise Sales; Reports; Examination of Records.

Section
445.1521

Certain Facts Not to Constitute Finding or Approval; Representation Inconsistent With Section Prohibited.

Section
445.1522

Service of Process.

Section
445.1523

Untrue Statement, Omission, or Failure to Give Notice of Change.

Section
445.1524

Filing of Advertisement or Sales Literature; Exemption From Liability.

Section
445.1525

Publication of False or Misleading Advertisement Prohibited.

Section
445.1526

Repealed. 1984, Act 92, Eff. June 20, 1984.

Section
445.1527

Void and Unenforceable Provisions.

Section
445.1528

Pyramid.

Section
445.1529

445.1530 - Repealed. 1984, Act 92, Eff. June 20, 1984.

Section
445.1531

Liability for Damages or Rescission; Basis of Damages.

Section
445.1532

Joint and Several Liability.

Section
445.1533

Statute of Limitations.

Section
445.1534

Civil Liability; Liability Under Other Statute or Common Law.

Section
445.1535

Action by Department for Injunction, Restitution, or Compliance; Restraining Order; Writ of Mandamus; Appointment of Receiver or Conservator; Bond Not Required; Costs; Notice of Action; Opportunity to Cease and Desist or to Confer With Department; Presumption of Immediate and Irreparable Harm.

Section
445.1536

Investigations; Statements Under Oath; Administration of Oaths and Affirmations; Subpoena; Evidence; Order Requiring Appearance; Self-Incrimination; Perjury; Contempt.

Section
445.1537

Repealed. 1984, Act 92, Eff. June 20, 1984.

Section
445.1538

Violation; Penalty; Punishing Crime Under Other Statute.

Section
445.1539

Prohibited Conduct Equivalent to Appointment of Corporations and Securities Bureau as Attorney for Service of Process; Procedure for Service of Process.

Section
445.1540

Collection and Disposition of Fees and Fines; Detailed Statement; Fee for Filing Notice Under MCL 445.1507a.

Section
445.1541

Rules.

Section
445.1542

Documents Subject to MCL 15.231 to 15.246; Publication of Information; Disclosure of Information Withheld From Public Inspection; Evidence Sought Under Subpoena.

Section
445.1543-445.1545

Repealed. 1984, Act 92, Eff. June 20, 1984.

Section
445.1546

Prior Acts, Offenses, Rights, Liabilities, Penalties, Forfeiture, or Punishments Not Impaired or Affected; Transfer of Records, Personnel, and Funds.