If you are interested in buying or selling a franchise in California, it is important to be familiar with the applicable law before taking action.  California franchise law is largely governed by the state’s Franchise Investment Law, which was enacted in 1970. One of the major requirements of California’s Franchise Investment Law is that franchisors must register with the California Department of Business Oversight before selling or offering for sale franchises in California. An “offer” or “offer to sell” includes every...