Bill > S3165

This bill concerns hospitality franchise agreements in New Jersey. It defines a "hospitality franchise" and states that such franchises shall be considered merchandise under the state's Consumer Fraud Act. The bill imposes various restrictions on hospitality franchisors, prohibiting them from engaging in certain practices such as restricting post-termination employment, requiring excessive capital investments, receiving undisclosed kickbacks from vendors, and unilaterally changing franchise agreement terms. It also provides that a franchisee's failure to comply with certain provisions shall not constitute good cause for franchise termination. The bill applies to new, modified, amended, or renewed franchise agreements after its effective date.

Business and Industry

https://www.njleg.state.nj.us/bill-search/2022/S3165