MCL - Index of Act 269 of 1974
NOTE: Dates reflect any modification to item, not necessarily a change in law.
| Title | Subject |
|---|---|
| Act 269 of 1974 | FRANCHISE INVESTMENT LAW (445.1501 - 445.1546) |
| Section 445.1501 | Short title; construction. |
| Section 445.1502 | Definitions. |
| Section 445.1503 | Additional definitions; burden of proof. |
| Section 445.1504 | Arrangements between franchisor and franchisee to which act applicable; making offer or sale of franchise in state; accepting offer to sell in state; communication of acceptance. |
| Section 445.1504a | Applicability of act. |
| Section 445.1504b | Franchisee as sole employer. |
| Section 445.1505 | Prohibited conduct in connection with offer, sale, or purchase of franchise. |
| Section 445.1505a | Franchise opportunities handbook. |
| Section 445.1506 | Exemption of offer and sale of franchise from MCL 445.1507a and 445.1508; circumstances; compliance with MCL 445.1508. |
| Section 445.1507 | Repealed. 1984, Act 92, Eff. June 20, 1984. |
| Section 445.1507a | Notice required prior to offering for sale or selling franchise; fee; form and contents of notice; indorsement, return, and duration of notice; effect of compliance; penalty for failure to file notice; duty of franchisor with effective registration or exemption from registration; validity and enforceability of franchise documents; written notice of filing date and penalties; failure to notify franchisor. |
| Section 445.1508 | Prospective franchisee to be provided copy of disclosure statement, notice, and proposed agreements; form and contents of disclosure statement; location and contents of notice. |
| Section 445.1509-445.1511 | Repealed. 1984, Act 92, Eff. June 20, 1984. |
| Section 445.1512 | Escrow of initial investment and other funds; time; surety bond; financial institution as escrow agent; release of escrowed funds; affidavit. |
| Section 445.1513 | Conditions prohibiting offering for sale or selling franchise. |
| Section 445.1514-445.1518 | Repealed. 1984, Act 92, Eff. June 20, 1984. |
| Section 445.1519 | Filing change in information contained in notice. |
| Section 445.1520 | Accounts of franchise sales; reports; examination of records. |
| Section 445.1521 | Certain facts not to constitute finding or approval; representation inconsistent with section prohibited. |
| Section 445.1522 | Service of process. |
| Section 445.1523 | Untrue statement, omission, or failure to give notice of change. |
| Section 445.1524 | Filing of advertisement or sales literature; exemption from liability. |
| Section 445.1525 | Publication of false or misleading advertisement prohibited. |
| Section 445.1526 | Repealed. 1984, Act 92, Eff. June 20, 1984. |
| Section 445.1527 | Void and unenforceable provisions. |
| Section 445.1528 | Pyramid. |
| Section 445.1529, 445.1530 | Repealed. 1984, Act 92, Eff. June 20, 1984. |
| Section 445.1531 | Liability for damages or rescission; basis of damages. |
| Section 445.1532 | Joint and several liability. |
| Section 445.1533 | Statute of limitations. |
| Section 445.1534 | Civil liability; liability under other statute or common law. |
| Section 445.1535 | Action by department for injunction, restitution, or compliance; restraining order; writ of mandamus; appointment of receiver or conservator; bond not required; costs; notice of action; opportunity to cease and desist or to confer with department; presumption of immediate and irreparable harm. |
| Section 445.1536 | Investigations; statements under oath; administration of oaths and affirmations; subpoena; evidence; order requiring appearance; self-incrimination; perjury; contempt. |
| Section 445.1537 | Repealed. 1984, Act 92, Eff. June 20, 1984. |
| Section 445.1538 | Violation; penalty; punishing crime under other statute. |
| Section 445.1539 | Prohibited conduct equivalent to appointment of corporations and securities bureau as attorney for service of process; procedure for service of process. |
| Section 445.1540 | Collection and disposition of fees and fines; detailed statement; fee for filing notice under MCL 445.1507a. |
| Section 445.1541 | Rules. |
| Section 445.1542 | Documents subject to MCL 15.231 to 15.246; publication of information; disclosure of information withheld from public inspection; evidence sought under subpoena. |
| Section 445.1543-445.1545 | Repealed. 1984, Act 92, Eff. June 20, 1984. |
| Section 445.1546 | Prior acts, offenses, rights, liabilities, penalties, forfeiture, or punishments not impaired or affected; transfer of records, personnel, and funds. |