reglab/housing_qa huggingface dataset:
IN Code § 23-1.5-5-1 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 1.5. Professional Corporations|Chapter 5. Foreign Professional Corporations|23-1.5-5-1. Foreign Professional Corporation; Compliance With State Law

Sec. 1. (a) A foreign professional corporation desiring to be admitted to render professional services in Indiana must:(1) comply with IC 23-0.5-5;(2) comply with this article;(3) comply with the name requirements of IC 23-0.5-3; and(4) provide any information required by the secretary of state to determine proper licensure or qualification of the foreign corporation or shareholders of the foreign corporation to transact business in Indiana.(b) IC 23-0.5-5-7 applies to the foreign professional corporation.As added by P.L.239-1983, SEC.1. Amended by P.L.11-1987, SEC.26; P.L.118-2017, SEC.31; P.L.52-2018, SEC.42.
IN Code § 23-1.5-5-2 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 1.5. Professional Corporations|Chapter 5. Foreign Professional Corporations|23-1.5-5-2. Revocation of Certificate of Admission

Sec. 2. The certificate of admission of any foreign corporation admitted to render professional services in Indiana may be revoked at any time by the secretary of state:(1) as provided by IC 23-0.5-5-11; or(2) for failure to comply with this article.As added by P.L.239-1983, SEC.1. Amended by P.L.34-1987, SEC.279; P.L.118-2017, SEC.32.
IN Code § 23-2-2.5-0.5 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-0.5. Consideration of Franchisor as Employer or Co-Employer

Sec. 0.5. (a) As used in this section, "franchisor" has the meaning set forth in 16 CFR 436.1(k).(b) As used in this section, "franchisee" has the meaning set forth in 16 CFR 436.1(i).(c) For purposes of this chapter, a franchisor is not considered to be an employer or co-employer of:(1) a franchisee; or(2) an employee of a franchisee;unless the franchisor agrees, in writing, to assume the role of an employer or co-employer of the franchisee or the employee of a franchisee.As added by P.L.161-2016, SEC.1.
IN Code § 23-2-2.5-2 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-2. Application of Chapter

Sec. 2. This chapter applies to an offer or franchise if:(a) the offeree or franchisee is an Indiana resident; or(b) the franchised business contemplated by the offer or franchise will be or is operated in Indiana.An offer to sell is not made in this state because the franchisor circulates or there is circulated on his behalf in Indiana an advertisement in: (1) a bona fide newspaper or other publication of general, regular and paid circulation which has had more than two-thirds (2/3) of its circulation outside this state during the past twelve (12) months; or (2) a radio or television program originating outside this state which is received in Indiana.Formerly: Acts 1975, P.L.262, SEC.1.
IN Code § 23-2-2.5-4 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-4. Exempt Franchisees

Sec. 4. The offer of sale of a franchise by a franchisee who is not an affiliate of the franchisor for his own account is exempt from section 9 if the offer or sale is not effected by or through a franchisor. A sale is not effected by or through a franchisor if a franchisor is entitled to approve or disapprove a different franchisee.Formerly: Acts 1975, P.L.262, SEC.1.
IN Code § 23-2-2.5-5 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-5. Sales Exempted by Commissioner

Sec. 5. Section 9 does not apply to an offer or sale which the commissioner, by rule or order, exempts as not being comprehended within the purposes of this law and the registration of which he finds is not necessary or appropriate in the public interest or for the protection of investors.Formerly: Acts 1975, P.L.262, SEC.1.
IN Code § 23-2-2.5-6 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-6. Denial or Revocation of Exemptions; Grounds

Sec. 6. The commissioner may, without a hearing, issue a stop order denying or revoking any exemption specified in sections 3, 4, or 5 with respect to an offer or sale if he finds that it is in the public interest and either:(a) that there has been a failure to comply with any of the provisions of this chapter; or(b) that the offer or sale would constitute misrepresentation to, or deceit or fraud on, the purchaser or offeree.Formerly: Acts 1975, P.L.262, SEC.1.
IN Code § 23-2-2.5-7 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-7. Notice of Denial or Revocation of Exemptions; Hearing

Sec. 7. (a) Upon the entry of a stop order under section 6 of this chapter, the commissioner shall notify the franchisor:(1) of the entry of the stop order;(2) of the reasons for the stop order; and(3) that, upon receipt of a written request, the matter will be set down for hearing to commence within fifteen (15) days after receipt of such request, unless the franchisor consents to a later date.(b) If no hearing is requested or none is ordered by the commissioner, the stop order is effective until it is modified or vacated by the commissioner.(c) If a hearing is requested or ordered, the commissioner, after notice and hearing, may modify or vacate the stop order.Formerly: Acts 1975, P.L.262, SEC.1. As amended by P.L.168-2001, SEC.1.
IN Code § 23-2-2.5-8 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-8. Determination of Exemption; Request; Fee; Notice; Hearing; Order

Sec. 8. (a) The commissioner may determine whether any proposed offer or sale is entitled to an exemption. However, the commissioner may decline to exercise that authority as to any such offer or sale. Any interested party desiring the commissioner to exercise the authority to determine whether a proposed offer or sale is entitled to an exemption shall submit to the commissioner the following:(1) A verified statement of all material facts relating to the proposed offer or sale.(2) Documentation demonstrating that the requirements for exemption under sections 3, 4, and 5 of this chapter, and any rules adopted under those sections, are met.(3) A written request for a ruling as to the particular exemption claimed.(4) A filing fee of fifty dollars ($50.00).(b) After such notice to interested parties as the commissioner deems proper and after a hearing, if any, the commissioner may enter an order finding the proposed offer or sale entitled or not entitled to the exemption claimed. Any order so entered, unless an appeal be taken therefrom in the manner prescribed in this chapter is binding upon the commissioner and upon all interested parties if the proposed offer or sale of a franchise when consummated or issued conforms in every relevant and material particular with the facts set forth in the verified statement submitted.Formerly: Acts 1975, P.L.262, SEC.1. As amended by P.L.205-2021, SEC.1.
IN Code § 23-2-2.5-9 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-9. Offer or Sale of Franchise; Requisites; Disclosure Statement

Sec. 9. No person may offer or sell any franchise:(1) unless the franchise is registered under this chapter or is exempt from such registration under sections 3 through 5 of this chapter; and(2) without first providing to the prospective franchisee at least ten (10) days prior to the execution by the prospective franchisee of a binding franchise or at least ten (10) days prior to the receipt by the franchisor of any consideration, whichever first occurs, a disclosure statement together with a copy of all proposed contracts relating to the sale of a franchise.Formerly: Acts 1975, P.L.262, SEC.1. As amended by P.L.233-1985, SEC.2.
IN Code § 23-2-2.5-10.5 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-10.5. Registration of Franchise; Notification Form

Sec. 10.5. (a) A person who wants to offer for sale a franchise in Indiana and who is not exempt under sections 3 through 5 of this chapter shall register the franchise by notification to the commissioner on a notification form prescribed by the commissioner. The notification shall include the following:(1) The name of the franchisor.(2) The name or names under which the franchisor intends to do business.(3) The franchisor's principal business address.(b) The following items shall be filed with the notification:(1) One (1) copy of the disclosure statement required under section 13 of this chapter.(2) The consent to service of process required under section 24 of this chapter, unless consent has previously been filed by the person.(3) The registration fee required under section 43 of this chapter.(c) A franchisor may register only one (1) franchise for each notification.(d) The registration of a franchise under this section is effective upon the commissioner's receipt of the notification. The notification is effective for one (1) year from the date of the commissioner's receipt of the notification.(e) Except as provided in section 13.1 of this chapter, during the one (1) year registration period, a person is not required to file with the commissioner any supplemental information, including any amendments to the disclosure statement, unless the commissioner, acting under the commissioner's authority to suspend or revoke a registration under section 14 of this chapter, requests the information.As added by P.L.168-2001, SEC.2. Amended by P.L.152-2020, SEC.2.
IN Code § 23-2-2.5-11 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-11. Signatures and Verifications

Sec. 11. Registration notification forms, registration renewal forms, and amendments thereto, shall be signed and verified by the franchisor.Formerly: Acts 1975, P.L.262, SEC.1. As amended by P.L.168-2001, SEC.3.
IN Code § 23-2-2.5-12 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-12. Escrow or Impoundment of Franchise Fees; Inadequate Funding

Sec. 12. If the commissioner finds that:(1) the franchisor has failed to demonstrate that adequate financial arrangements have been made to fulfill obligations to provide real estate, improvements, equipment, inventory, training, or other items included in the offering; and(2) the escrow or impoundment of franchise fees is necessary and appropriate to protect prospective franchisees;the commissioner may by order require the escrow or impoundment of franchise fees and other funds paid by the franchisee until no later than the time of opening of the business of the franchisee.Formerly: Acts 1975, P.L.262, SEC.1. As amended by P.L.168-2001, SEC.4.
IN Code § 23-2-2.5-13 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-13. Disclosure Statements

Sec. 13. A registration notification form filed under section 10.5 of this chapter shall be accompanied by the fee prescribed in section 43 of this chapter and by one (1) copy of a disclosure statement. The disclosure statement shall be in a form prescribed by the commissioner or in a form permitted under 16 CFR 436, as amended.Formerly: Acts 1975, P.L.262, SEC.1. As amended by P.L.168-2001, SEC.5.
IN Code § 23-2-2.5-13.1 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-13.1. Material Change in Information; Amended Disclosure Statement Required

Sec. 13.1. (a) Subject to subsection (b), a person that has a registration in effect under this chapter shall, not later than thirty (30) days after the occurrence of any material change in the information set forth in the person's disclosure statement under section 13 of this chapter, notify the commissioner of the change by filing an amended copy of the disclosure statement.(b) A "material change" requiring notification to the commissioner under subsection (a) includes the following:(1) The occurrence of any of the following within any three (3) month period:(A) The termination, closing, or failure to renew the franchise of either:(i) ten percent (10%) of all franchises of the franchisor, regardless of the location of the franchises; or(ii) ten percent (10%) of the franchisor's franchises that are located in Indiana.(B) The purchase by the franchisor of either:(i) ten percent (10%) of the franchisor's existing franchises, regardless of the location of the franchises; or(ii) ten percent (10%) of the franchisor's existing franchises that are located in Indiana.(2) Any:(A) change in control, corporate name, or state of incorporation; or(B) reorganization;of the franchisor.(3) Either of the following:(A) The introduction of any new product, service, model, or line involving, directly or indirectly, an additional investment by franchisees that exceeds twenty percent (20%) of the average investment made by all franchisees immediately before the introduction of the new product, service, model, or line.(B) The discontinuation or modification of the marketing plan or marketing system of any product or service of the franchisor if the average total sales attributable to the product or service exceed twenty percent (20%) of the average annual gross sales of existing franchisees immediately before the discontinuation or modification of the marketing plan or marketing system.(4) Any change in the franchise fees charged by the franchisor.(5) Any significant change in:(A) the obligations of a franchisee to purchase items from the franchisor or the franchisor's designated sources;(B) the limitations or restrictions on goods or services that a franchisee may offer to a customer;(C) the obligations to be performed by the franchisor or a franchisee; or(D) the franchise contract or agreement, including any amendments to the franchise contract or agreement.(6) Any other change designated as material by the commissioner by rule adopted or order issued under this chapter.As added by P.L.152-2020, SEC.3.
IN Code § 23-2-2.5-15 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-15. Notice of Stop Order

Sec. 15. (a) Upon the entry of a stop order under section 14 of this chapter, the commissioner shall notify the franchisor:(1) of the entry of the stop order;(2) of the reasons for the stop order; and(3) that, upon receipt of a written request, the matter will be set down for hearing to commence within fifteen (15) days after receipt of such request, unless the franchisor consents to a later date.(b) If no hearing is requested or none is ordered by the commissioner, the stop order is effective until it is modified or vacated by the commissioner.(c) If a hearing is requested or ordered, the commissioner, after notice and hearing, may modify or vacate the stop order.Formerly: Acts 1975, P.L.262, SEC.1. As amended by P.L.168-2001, SEC.7.
IN Code § 23-2-2.5-16 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-16. Stop Orders; Vacating or Modifying

Sec. 16. The commissioner may vacate or modify a stop order if he finds that the conditions which caused its entry have changed or that it is otherwise in the public interest to do so.Formerly: Acts 1975, P.L.262, SEC.1.
IN Code § 23-2-2.5-17 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-17. Effectiveness of Registration

Sec. 17. If no stop order under section 14 of this chapter is in effect, registration by notification takes effect upon the commissioner's receipt of the notification form. A registration by notification is effective for a period of one (1) year.Formerly: Acts 1975, P.L.262, SEC.1. As amended by P.L.168-2001, SEC.8.
IN Code § 23-2-2.5-18 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-18. Renewal of Registration; Period

Sec. 18. A registration by notification may be renewed by submitting to the commissioner a registration renewal form not later than the date the registration is due to expire. Registration of the offer is renewed at the time the registration would have expired unless the franchisor requests an earlier renewal date. A renewal is effective for a period of one (1) year unless the commissioner specifies a shorter period.Formerly: Acts 1975, P.L.262, SEC.1. As amended by P.L.168-2001, SEC.9; P.L.48-2006, SEC.6; P.L.152-2020, SEC.4.
IN Code § 23-2-2.5-19 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-19. Renewal Forms

Sec. 19. A registration renewal form shall be in the form and contain the content prescribed by the commissioner and shall be accompanied by one (1) copy of the proposed disclosure statement. Each such registration renewal form shall be accompanied by the fee prescribed in section 43 of this chapter.Formerly: Acts 1975, P.L.262, SEC.1. As amended by P.L.168-2001, SEC.10.
IN Code § 23-2-2.5-21 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-21. Records of Sales

Sec. 21. Every franchisor offering franchises for sale shall maintain a complete set of books, records, and accounts of those sales.Formerly: Acts 1975, P.L.262, SEC.1.
IN Code § 23-2-2.5-22 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-22. Experts

Sec. 22. The commissioner may accept and act upon the opinions, appraisals, or reports of any experts which may be presented by a franchisor or any interested party, on any question of fact concerning the franchises proposed to be offered or sold. The commissioner may also have any or all matters concerning those franchises investigated, appraised, passed upon or certified to the commissioner by any experts selected by the commissioner, at the expense of the franchisor.Formerly: Acts 1975, P.L.262, SEC.1. As amended by P.L.168-2001, SEC.11.
IN Code § 23-2-2.5-23 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-23. Registration or Filing Not Considered Finding Upon Merits

Sec. 23. (a) Neither:(1) the fact that a registration renewal form has been filed or a registration notification form has been submitted to the commissioner under section 10.5 of this chapter; nor(2) the fact that such registration has become effective;constitutes a finding by the commissioner that any document filed under this chapter is true, complete, or not misleading. Neither any such fact nor the fact that an exemption is available for a transaction means that the commissioner has passed in any way upon the merits or qualifications of, or recommended or given approval to, any person, franchise or transaction.(b) A person may not make or cause to be made to any prospective purchaser or offeree any representation inconsistent with subsection (a).Formerly: Acts 1975, P.L.262, SEC.1. As amended by P.L.168-2001, SEC.12.
IN Code § 23-2-2.5-24 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-24. Consent to Service of Process on Secretary of State

Sec. 24. Before a person may offer to sell franchises under this chapter, the person shall file with the commissioner, in the form that the commissioner by rule or order prescribes, an irrevocable consent appointing the secretary of state or any successor secretary of state to be the person's attorney to receive service of any lawful process in any noncriminal suit, action, or proceeding against the person or the person's successor, executor, or administrator that arises under this chapter or any rule or order under this chapter after the consent has been filed with the same force as if served personally on the person filing the consent. A person who has filed a consent with the commissioner for a previous registration or exemption under this chapter is not required to file another consent. The person's previous consent shall remain effective for all subsequent registrations or exemptions filed by the person under this chapter. Service shall be made in accordance with the Indiana Rules of Civil Procedure.Formerly: Acts 1975, P.L.262, SEC.1. As amended by P.L.1-1991, SEC.159; P.L.168-2001, SEC.13.
IN Code § 23-2-2.5-26 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-26. Advertisements Containing False Statements; Notification; Hearing

Sec. 26. No person shall publish or cause to be published any advertisement concerning any franchise in Indiana after the commissioner finds that the advertisement contains any statement that is false, is misleading or omits to make any statement necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading and so notifies the person in writing. Such notification may be given without notice of hearing. At any time after the issuance of a notification under this section, the person desiring to use the advertisement may request in writing that the order be rescinded. Upon the receipt of such written request, the matter shall be set down for hearing to commence within fifteen (15) days after receipt of the request unless the person making that request consents to a later date.Formerly: Acts 1975, P.L.262, SEC.1.
IN Code § 23-2-2.5-27 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-27. Fraud or Deceit Unlawful

Sec. 27. It is unlawful for any person in connection with the offer, sale or purchase of any franchise, or in any filing made with the commissioner, directly or indirectly: (1) to employ any device, scheme or artifice to defraud; (2) to make any untrue statements of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of circumstances under which they are made, not misleading; or (3) to engage in any act which operates or would operate as a fraud or deceit upon any person.Formerly: Acts 1975, P.L.262, SEC.1.
IN Code § 23-2-2.5-28 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 2. Securities and Franchises|Chapter 2.5. Franchises|23-2-2.5-28. Violations; Judgment; Damages; Interest; Attorney's Fees

Sec. 28. A person who recovers judgment for a violation of this chapter may recover, as part of that judgment: (1) any consequential damages; (2) interest at eight percent (8%) on the judgment; and (3) reasonable attorney's fees; unless the defendant proves that the plaintiff knew the facts concerning the violation, or that the defendant exercised reasonable care and did not know, or, if he had exercised reasonable care, would not have known, of the facts concerning the violation.Formerly: Acts 1975, P.L.262, SEC.1.