My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Status of Proposed Franchise Legislation

<b></b>
1 min read
Opinions expressed by Entrepreneur contributors are their own.

Washington, DC--A bill, SB 423, making technical corrections to the franchise registration process in Indiana has been approved by the House and Senate and was signed into law by Gov. Frank O'Bannon on March 14. Included in the bill is the repeal of an earlier prohibition of publishing an advertisement for a franchise without first filing a copy of the ad with the state securities commissioner.

In Minnesota, last year, three representatives introduced a bill, HF 2013, that would expand the requirement of "good cause" before a franchisor could terminate or not renew a franchise agreement, effectively granting a franchise agreement "in perpetuity." The bill, which was held in committee, has now expired. -International Franchise Association

More from Entrepreneur

Corene Summers helps clients advancing their health, careers and lives overall through reducing stress, tension and optimizing sleep.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Create your business plan in half the time with twice the impact using Entrepreneur's BIZ PLANNING PLUS powered by LivePlan. Try risk free for 60 days.

Latest on Entrepreneur