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NY A10378
Bill
Status
Introduced
3/3/2026
Primary Sponsor
Anil Beephan
Click for details
AI Summary
- Exempts franchise sales from New York State registration requirements when the franchisee resides in another state and will not operate the franchise in New York
- Requires franchisors to still comply with all applicable federal and other state requirements for the offer or sale
- Amends Section 684 of the General Business Law by adding a new paragraph (e) to subdivision 3
- Takes effect 90 days after becoming law
- Introduced by Assembly Member Beephan and referred to the Committee on Economic Development
Legislative Description
Exempts the offer of sale of franchises from registration requirements when the franchisee is located in another state.
Last Action
referred to economic development
3/3/2026
Committee Referrals
Economic Development, Job Creation, Commerce and Industry3/3/2026
Full Bill Text
No bill text available