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Bill > A10378
NY A10378
NY A10378Exempts the offer of sale of franchises from registration requirements when the franchisee is located in another state.
summary
Introduced
03/03/2026
03/03/2026
In Committee
03/03/2026
03/03/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the general business law, in relation to exempting the offer of sale of franchises from registration requirements
AI Summary
This bill amends the general business law to exempt the offer or sale of a franchise from registration requirements if the person buying the franchise (the franchisee) lives in another state and will not operate the franchise within New York, as long as the seller (the franchisor) meets all other federal and state regulations for such sales.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
held for consideration in economic development (on 05/19/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2025/A10378 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A10378&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A10378 |
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