Minnesota Administrative Rules
Agency 120 - Commerce Department
Chapter 2860 - FRANCHISES
PUBLIC OFFERING STATEMENT
Part 2860.3800 - ALTERNATIVE APPLICATIONS

The commissioner may accept as application for registration under Minnesota Statutes 1973 Supplement, chapter 80C, any currently effective public offering statement prepared for compliance with the registration provisions of the franchise laws of other jurisdictions as the commissioner may, from time to time, designate. The commissioner reserves the right to require alterations in such statements as necessary to fulfill the requirements of Minnesota Statutes 1973 Supplement, chapter 80C.

The commissioner may accept as application for registration the Uniform Franchise Registration Application adopted by the North American Securities Administrators Association; however, the commissioner reserves the right to require alterations in the Uniform Franchise Offering Circular as necessary.

Statutory Authority: MS s 45.023; 80C.18