Oregon Statutes 650.215 – Prohibited conduct in offer, sale or purchase of franchise
Current as of: 2023 | Check for updates
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It is unlawful for any person in connection with the offer, sale or purchase of any franchise directly or indirectly:
Terms Used In Oregon Statutes 650.215
- Fraud: Intentional deception resulting in injury to another.
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
(1) To sell or offer to sell a franchise in this state by means of any written or oral communication which includes an untrue statement of a material fact.
(2) To employ any device, scheme or artifice to defraud.
(3) To engage in any act, practice or course of business which operates or would operate as a fraud or deceit upon any person. [1987 c.917 § 10]