Virginia § 13.1-563 Unlawful offers

Virginia Statutes

§ 13.1-563 — Unlawful offers

Virginia § 13.1-563

Title 13.1CORPORATIONS

Ch. 8RETAIL FRANCHISING ACT

This text of Virginia § 13.1-563 (Unlawful offers) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Va. Code Ann. § 13.1-563 (2026).

Text

It shall be unlawful for any person, in connection with the sale or offer to sell a franchise in this Commonwealth, directly or indirectly:

1.To employ any device, scheme, or artifice to defraud;

2.To make any untrue statement of a material fact or to omit to state a material fact necessary in order to avoid misleading the offeree;

3.To engage in any transaction, practice, or course of business that operates or would operate as a fraud or deceit upon the franchisee; or

4.To fail to provide the franchisee a copy of (i) the franchise agreement and (ii) such disclosure document as may be required by rule or order of the Commission.

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It shall be unlawful for any person, in connection with the sale or offer to sell a franchise in this Commonwealth, directly or indirectly:

1. To employ any device, scheme, or artifice to defraud;

2. To make any untrue statement of a material fact or to omit to state a material fact necessary in order to avoid misleading the offeree;

3. To engage in any transaction, practice, or course of business that operates or would operate as a fraud or deceit upon the franchisee; or

4. To fail to provide the franchisee a copy of (i) the franchise agreement and (ii) such disclosure document as may be required by rule or order of the Commission.