CFA-Sponsored Fair Franchising Bill Signed by Gov. Brown!
On Sunday, Oct. 11, Gov. Jerry Brown (D-CA) signed California bill AB-525 into law. This sweeping new law gives franchisees across the state more protections when purchasing, transferring and terminating their franchise agreement.
Sponsored by the Coalition of Franchisee Associations (CFA), the law affects new franchisees (i.e., those who are granted or renew an agreement after Jan. 1, 2016) and current franchisees upon sale, transfer or termination of their franchise agreement.