California Code of Regulations › Title 10 - Investment › Chapter 3 - Commissioner of Financial Protection and Innovation › Subchapter 2.6 - Franchises › Section 310.125 - Application for Registration of a Material Modification of Existing Franchises

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
An application for registration of a material modification of
				  franchises pursuant to Section
				  31125 of the Code shall, in
				  addition to the facing page of the Uniform Franchise Registration Application,
				  as defined in Section
				  310.111(b),
				  continue on the following form:
EXHIBIT 1
Attach a copy of the item(s) of the Uniform Franchise
				  Offering Circular, complying with Section
				  310.114.1 of these rules, if the
				  information is changed. State the existing arrangement and the new arrangement
				  with respect to the item(s). The cover of the Offering Circular shall state:
				  "The changes set forth herein are voluntary. If a franchisee does not receive
				  the attached disclosure at least five business days prior to the execution of a
				  binding agreement, the franchisee may, by written notice, mailed or delivered
				  to the franchisor or (specify agent of the franchisor), within five business
				  days following the execution of the agreement rescind the agreement to the
				  modifications."
Describe the proposed modifications, including:
(a) An identification of the section of the
				franchise contract or document being modified.
(b) The nature of the modification.
(c) Whether additional cost will accrue to
				the franchisee and, if so, an estimate of the additional cost.
(d) State the effect on a franchisee who
				accepts the change and on a franchisee who does not accept the change.
EXHIBIT 2
Attach a copy of the franchise contract or document which
				  embodies the modification(s).
EXHIBIT 3
State the number of franchises presently operating, the
				  number of such franchises presently operating in California and the number of
				  franchises proposed to be modified and the number of franchises proposed to be
				  modified in California.
EXHIBIT 4
Attach the Consent to Service of Process if required by
				  Section
				  31155 of
				  the California Corporations Code, if one has not previously been filed.
EXHIBIT 5
The applicant has duly caused this application to be signed
				  on its behalf by the undersigned, thereunto duly authorized.
______________________________
(Applicant)
By ______________________________
(Title) ______________________________
I certify or declare under penalty of perjury that I have
				  read this application and the exhibits thereto and know the contents thereof,
				  and that the statements therein are true and correct.
Executed at _________________________, California, on the
				  date of ____________________, __________
______________________________
(Signature)
If executed at any place within or without this state: I
				  certify (or declare) under penalty of perjury under the laws of the State of
				  California that the foregoing is true and correct. Executed at
				  ______________________________, on the date of _______________, _____
Signature
1. New section
				  filed 7-20-78; effective thirtieth day thereafter (Register 78, No.
				  29).
2. Amendment filed 11-21-79; designated effective 1-1-80
				  (Register 79, No. 47).
3. Amendment filed 10-28-82; effective
				  thirtieth day thereafter (Register 82, No. 44).
4. Amendment filed
				  5-19-89; operative 6-18-89 (Register 89, No. 21).
5. Amendment of
				  opening paragraph and Exhibit 5 filed 4-6-94; operative 5-6-94 (Register 94,
				  No. 14).
Note: Authority cited: Sections
					 31125
					 and
					 31502,
					 Corporations Code. Reference: Sections
					 31110,
					 31111,
					 31114,
					 31125
					 and
					 31155,
					 Corporations Code.