California law extends new protections to franchisees

California law extends new protections to franchisees

Observers call regulations strongest in country for franchisees

California Gov. Jerry Brown signed into law Sunday a bill that extends new protections to franchisees that some observers call unprecedented.

Assembly Bill 525 amends California’s Business and Professions Code to require franchisors to provide written explanations for terminating franchise agreements and to repurchase the franchisees’ assets upon termination. It also gives franchisees more time to correct infractions of franchise agreements and narrows legal reasons for franchis

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