California · Business and Professions Code - BPC
BPC §21149: 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 satis
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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.
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