Section 445.201. Documents accompanying application for registration or notification of exemption.

Without limiting the administrator's power to require additional information under section 8(t) of the act,  an  application   for registration of a franchise, or a notification of an exemption pursuant to section 6(2)(a) or (b) of the act, shall be accompanied by:

(a)     Upon request of the administrator, a copy of the current articles of incorporation and annual reports and amendments thereto, except that in the case of a partnership, the certificate of co-partnership shall be submitted. In the case of doing business  under an   assumed   name,   the assumed name certificate shall be submitted.

(b)   A copy of any contractual agreement between the franchisor and franchise broker-agent relating to the sale of a franchise.

(c)   ) A copy of the typical current franchise contract.

(d)  A copy of the  operations  manual  and  policy  manual,   or  their equivalent. The administrator shall, upon request, retain those portions of  the document containing trade or business secrets as a confidential  document.

The administrator may, in its discretion, return an operations manual and policy manual, or their equivalent, if a determination is made that the document does not contain information   necessary  to  establish  legal  or economic  relationships  between the  franchisee   and   franchisor.   The administrator  may require  delivery of  portions to each prospective franchisee at least 1 week prior to sale. The franchisor   may require execution  by  that   prospective  franchisee  of  an   agreement   of confidentiality on a form acceptable to the administrator.

(e)   Other documents or information necessary to establish the legal and economic relationships  to  be  created  between    the   franchisee   and franchisor.

(f)  Documents or information filed with the federal trade commission under its franchise disclosure requirements.

(g)    An irrevocable consent to service of process, pursuant to the act, in the prescribed  form,  or  in  a  uniform   form    satisfactory   to   the administrator containing substantially the same provisions.

History: 1979 AC.