What are Business Opportunity Laws.

 

A: Separate and apart from the Federal Franchise Rule and State Franchise laws, certain states maintain "Business Opportunity Rules" that govern the offer and sale of business opportunities.  "Business opportunities" are, typically, characterized by sales and marketing programs and chances are that if the opportunity being sold does not qualify as a "franchise" it may very well qualify as a business opportunity.  The following states maintain business opportunity laws:

  • Alaska
  • California
  • Connecticut
  •  Florida 
  • Georgia 
  • Illinois
  • Indiana
  • Iowa
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Michigan
  • Minnesota
  • Nebraska
  • New Hampshire
  • North Carolina
  • Ohio
  • Oklahoma
  • South Carolina
  • Texas
  • Utah 
  • Virginia
  • Washington
  • Wisconsin




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