New York Codes, Rules and Regulations
Title 13 - DEPARTMENT OF LAW
Chapter VII - FRANCHISE OFFERINGS
Part 200 - FRANCHISE OFFERINGS
Section 200.12 - Exemption from filing requirements of franchise advertising on the Internet
Universal Citation: 13 NY Comp Codes Rules and Regs ยง 200.12
Current through Register Vol. 45, No. 52, December 27, 2023
(a) Any communication about a franchise offering posted on a website on the Internet is exempt from the requirements for filing advertising with the Department of Law and paying a fee if:
(1) the franchisor
discloses to the Department of Law the uniform resource locator (URL) address
or similar address or device identifying the location of the Internet
advertising;
(i) on the cover page of a
franchise offering circular included with an application for registration that
is effective in New York State;
(ii) on the cover page of a franchise
offering circular included with an application for exemption from registration
that is on file with the Department of Law; or
(iii) on a notice filed with the Department
of Law; and
(2) the
Internet advertising is not directed to any person in the State of New York by
or on behalf of the franchisor or anyone acting with the franchisor's
knowledge.
(b) Nothing in this regulation shall be construed to affect the Department of Law's ability to bring an action against any person for violating any antifraud provision of the Franchise Law.
Amended New York State Register July 3, 2018/Volume XL, Issue 27, eff. 7/3/2018
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