Rhode Island § 19-28.1-4 § 19-28.1-4. Scope and applicability.

Rhode Island Statutes

§ 19-28.1-4 — § 19-28.1-4. Scope and applicability.

Rhode Island § 19-28.1-4

Title 19Financial institutions

Ch. 19-28.1Franchise Investment Act

This text of Rhode Island § 19-28.1-4 (§ 19-28.1-4. Scope and applicability.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 19-28.1-4 (2026).

Text

§ 19-28.1-4. Scope and applicability.
(a) This act applies to a franchise that is offered or sold in this state.
         
(b) A franchise is offered for sale in this state if an offer to sell is made or accepted
            in this state or an offer to buy is accepted in this state.
         
(c) An offer to sell is made in this state if the offer is directed by the offeror into
            this state from within or from outside this state and is received where it is directed.
            An offer to sell is accepted in this state if the offeree communicates acceptance
            to the offeror in this state and acceptance is received w

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§ 19-28.1-4. Scope and applicability.

(a) This act applies to a franchise that is offered or sold in this state.

(b) A franchise is offered for sale in this state if an offer to sell is made or accepted in this state or an offer to buy is accepted in this state.

(c) An offer to sell is made in this state if the offer is directed by the offeror into this state from within or from outside this state and is received where it is directed. An offer to sell is accepted in this state if the offeree communicates acceptance to the offeror in this state and acceptance is received where it is directed.

(d) This act also applies to a franchise offered or sold outside this state if it is offered or sold to a resident of this state and is to be operated in this state.

(e) An offer to sell is not made in this state solely because the offer appears in a newspaper or other publication of general and regular circulation that had more than two thirds (â…”) of its circulation outside this state during the past twelve (12) months or solely because the offer appears in a broadcast or transmission originating outside this state.