California Statutes
§ 21149. — 21149. (Added by Stats. 1980, Ch. 698, Sec. 2.)
California·Code BPC Business and Professions Code - BPC·Div. 8. DIVISION 8. SPECIAL BUSINESS REGULATIONS·Ch. 7.8. CHAPTER 7.8. Franchise Dealers Fair Practices
Notwithstanding the terms of any franchise, the franchisor may not prohibit or prevent the sale, transfer, or assignment of the franchise to a corporation if both of the following conditions are satisfied:
(a)The franchisee has a controlling interest in the corporation.
(b)The franchisee offers in writing to personally guarantee the corporation’s performance of its obligations under the franchise.
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California § 21149. (21149. (Added by Stats. 1980, Ch. 698, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Atlantic Richfield Co. v. Guerami
820 F.2d 280 (Ninth Circuit, 1987)
Legislative History
Added by Stats. 1980, Ch. 698, Sec. 2.