Check Spelling In Legal Michigan Franchise Forms For Free

This booklet has been set up so you can first read an explanation of what you should be looking for and then use the checklist to evaluate the franchise. Michigan is a franchise registration state. However, unlike most states, Michigan does not require you to submit a copy of your Franchise Disclosure Document ( ... To check if a franchisor is currently registered to sell franchises in the State of Michigan, you may call 517-335-7567 and provide the name of the franchisor. These include: • Misrepresentation: Franchisors must not make any false, misleading, or deceptive statements in any manner regarding the franchise or its ... (j) Offerings which fail to provide that a franchisor shall, upon demand, furnish the franchisee an accurate annual financial statement, unless the franchisor ... If the franchisee is a corporation, partnership, limited liability company or other legal entity, certain provisions to this Agreement also apply to its owners. The People of the State of Michigan enact: 445.1501 Short title; construction. Sec. 1. This act shall be known and may be cited as the "franchise investment law ... Unlike the laws in many states with franchise registration requirements, Michigan does not review franchise disclosure documents to determine whether these ... 445.1508 Prospective franchisee to be provided copy of disclosure statement, notice, and proposed agreements; form and contents of disclosure statement; ... Franchise Name: A franchise name is a name to which an independent operator has secured the rights from a franchiser or licensor to use and distribute products ...