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MN SF3242

Bill

Official Source

Status

Introduced

2/17/2022

Primary Sponsor

Gary Dahms

Click for details

Origin

Senate

92nd Legislature 2021-2022

AI Summary

  • Replaces the 120-day post-fiscal year-end filing deadline with a 12-month registration effective period from the date the commissioner issues the order
  • Requires registrants to file a report in the form prescribed by commissioner rule before the end of the registration effective period
  • Maintains the $200 fee requirement that must accompany the annual report
  • Effective January 1, 2022, and applies to initial franchise registrations filed on or after that date

Legislative Description

Registration filing modification for franchises

Last Action

Rule 45-amend, subst. General Orders HF3775

5/21/2022

Committee Referrals

Commerce and Consumer Protection Finance and Policy2/17/2022

Full Bill Text

No bill text available