New York Codes, Rules and Regulations
Title 13 - DEPARTMENT OF LAW
Chapter VII - FRANCHISE OFFERINGS
Part 200 - FRANCHISE OFFERINGS
Section 200.13 - Unregistered franchise offers over the Internet

Universal Citation: 13 NY Comp Codes Rules and Regs ยง 200.13

Current through Register Vol. 46, No. 12, March 20, 2024

Any communication made through the Internet, the World Wide Web, or any other similar proprietary or common carrier electronic delivery system, of an offer to sell a franchise that is not registered in New York, ("Internet offer") is exempt from registration provisions, if:

(a) the Internet offer indicates, directly or indirectly, that the franchise is not being offered to residents of this State;

(b) the Internet offer is not otherwise directed to any person in this State by or on behalf of the franchisor or anyone acting with the franchisor's knowledge; and

(c) no franchise is old in this State by or on behalf of the franchisor until the offering has been registered and declared effective and the Uniform Franchise Offering Circular has been delivered to the offeree before the sale in compliance with article 33 of the General Business Law, the New York Franchise Act.

Disclaimer: These regulations may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.