Indiana § 23-2-2.5-9 Offer or sale of franchise; requisites; disclosure statement

Indiana Statutes

§ 23-2-2.5-9 — Offer or sale of franchise; requisites; disclosure statement

Indiana § 23-2-2.5-9

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 2SECURITIES AND FRANCHISES

Ch. 2.5Franchises

This text of Indiana § 23-2-2.5-9 (Offer or sale of franchise; requisites; disclosure statement) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 23-2-2.5-9 (2026).

Text

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.

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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.