Michigan § 445.1505 - Prohibited conduct in connection with offer, sale, or purchase of franchise.
Full text of Michigan Michigan Compiled Laws § 445.1505 — Prohibited conduct in connection with offer, sale, or purchase of franchise., with citation guidance and answers to common questions.
§ 445.1505. Prohibited conduct in connection with offer, sale, or purchase of franchise.
A person shall not, in connection with the filing, offer, sale, or purchase of any franchise, directly or indirectly:
Employ any device, scheme, or artifice to defraud.
Make any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading.
Engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 445.1505
What does Michigan Compiled Laws § 445.1505 cover?
Section 445.1505 ("Prohibited conduct in connection with offer, sale, or purchase of franchise.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 445.1505?
A common citation format is "Michigan Compiled Laws § 445.1505" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 445.1505 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.