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Cal. Business and Professions Code § 21149

Cal. Business and Professions Code § 21149

California · California Business and Professions Code · Status: effective

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Cal. Business and Professions Code § 21149, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/779673
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Notwithstanding the terms of any franchise, the franchisor may not prohibit or prevent the sale, transfer, or assignment of the franchise to a corporation if both of the following conditions are satisfied: (a) The franchisee has a controlling interest in the corporation. (b) The franchisee offers in writing to personally guarantee the corporation’s performance of its obligations under the franchise.