NASAA's Model Franchise Exemptions: Game Changer or Much Ado About Nothing?

• Published in: Franchise law journal Vol. 32; no. 4; pp. 191 - 210
• Main Authors: Satterlee, Karen Boring, Karp, Eric H., Ekberg, Adam
• Format: Journal Article
• Language: English
• Published: Chicago American Bar Association Forum on Franchising 22.03.2013; American Bar Association
• Subjects: Boards of directors; Business; Direct sales; Exemption (Law); Financial investments; Franchise agreements; Franchisees; Franchises; Franchising; Investors; Laws, regulations and rules; Natural persons; Net worth; Proposals; Public interest; Public welfare; Registration; Risk assessment; Sales operations; Service of process; Tax exemptions

The exemptions were designed to: * reduce the rate of increase in the workload of state administrators based on risk assessment; * identify categories of franchise offerings less likely to require comprehensive review by state franchise examiners, either because of the nature of the offering or the...