Mich. Admin. Code R. 445.402 - Exemptions based on limited number of offerees
Rule 402. The exemption provided by section 6(2)(k) of the act shall pertain to only those franchisors who:
(a) Do not have more than 1 existing
franchise within or without the state prior to the offer of a franchise under
this part, and
(b) Provide
disclosure to the franchisee offeree as required in sections 5(1)(b) and 5(2)
of the act.
Notes
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