California Legal Codes and Statutes

§ 31523

Added by Stats. 2024, Ch. 518, Sec. 5. (SB 919) Effective January 1, 2025. Conditionally operative on or after July 1, 2026, pursuant to Sec. 31528

A registered franchise broker offering a franchise for sale in this state shall keep and maintain a complete set of books, records, and accounts of that offer for a period of five calendar years.

Cite this section

Cal. Corp. Code § 31523 (2026)
https://ca.codecond.com/codes/corp/title-4-securities/division-5-franchise-investment-law/part-7-franchise-brokers/section-31523

Other sections in Part 7 - FRANCHISE BROKERS

§ 31520§ 31521§ 31522§ 31523§ 31524§ 31525§ 31526§ 31527§ 31528

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 16, 2026.