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    Must A False Statement To A Franchisee Be Made "In this state"?

    The list of instruments and interests included within the definition of a "security" in California Corporations Code Section 25019 is long.  A franchise, however, is not to be found amongst the named.  In fact, the statute specifically excludes a...

    California Securities Laws, franchise, Franchise Investment Law, G.P.P., Gutierrez-Brizuela v. Lynch, section 31202, Section 31300, Administrative Procedure, CFIL, chevron deference, in this state, Inc. v. Guardian, neil gorsuch, Section 31101, Sheila K. Oberto