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CA AB2672
Bill
Status
2/20/2020
Primary Sponsor
Chris Holden
Click for details
AI Summary
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Requires franchisor approval of offset amounts against franchisee payments, either through franchisee agreement or final adjudication, rather than allowing unilateral offset authority.
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Specifies that transfer notification provisions apply only when a new franchise agreement is required to be signed as a result of the transfer.
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Applies amendments to franchise agreements entered into, amended, or renewed on or after January 1, 2021, or to franchises of indefinite duration terminable without cause.
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Provides minimal technical updates to the California Franchise Relations Act following the substantial updates made in 2015 through Assembly Bill 525.
Legislative Description
California Franchise Relations Act.
Last Action
Referred to Coms. on B. & P. and JUD.
3/12/2020