553.58 – Rules, forms and orders.
553.58 Rules, forms and orders. (1) The division may make, amend and rescind any rules, forms and orders that are necessary to carry out this chapter, including rules and forms governing registrations and defining any terms, whether or not used in this chapter, insofar as the definitions are not inconsistent with this chapter. The division […]
553.59 – Scope of chapter.
553.59 Scope of chapter. (1) The provisions of this chapter concerning sales and offers to sell apply when a sale is made in this state or when an offer to sell is made or accepted in this state, except that s. 553.21 does not apply to an offer to sell that is not directed to, […]
553.55 – Investigations and subpoenas.
553.55 Investigations and subpoenas. (1) The division may make such public or private investigations within or outside of this state as the division deems necessary to determine whether any person has violated or is about to violate this chapter or any rule or order hereunder or to aid in the enforcement of this chapter or […]
553.56 – Hearings and judicial review.
553.56 Hearings and judicial review. (1) Except as provided by sub. (2), no order may be entered by the division under s. 553.24 or 553.28 without appropriate prior notice to all interested parties, opportunity for hearing and written findings of fact and conclusions of law. (2) Within 30 days after the division has issued an […]
553.31 – Amendment to registration statement.
553.31 Amendment to registration statement. (1) Except as provided in sub. (3), a franchisor shall within 30 days after the happening of any material event affecting a registered franchise notify the division in writing, by an application to amend the registration statement, of any material change in the information contained in the application as originally […]
553.41 – Fraudulent and prohibited practices.
553.41 Fraudulent and prohibited practices. (1) No person may make or cause to be made, in any document filed with the division or in any proceeding under this chapter, any statement which is, at the time and in the light of the circumstances under which it is made, false or misleading in any material respect […]
553.51 – Civil liability; sale in violation.
553.51 Civil liability; sale in violation. (1) Any person who sells a franchise in violation of s. 553.27 (4), if the violation was material in the franchisee’s or subfranchisor’s decision to purchase the franchise, shall be liable to the franchisee or subfranchisor, who may bring an action for rescission. (2) Any person who violates s. […]
553.52 – Criminal penalties.
553.52 Criminal penalties. (1) Any person who willfully violates s. 553.41 (2) to (5) or any order of which the person has notice, or who violates s. 553.41 (1) knowing or having reasonable cause to believe either that the statement made was false or misleading in any material respect or that the failure to report […]
553.54 – Injunctions.
553.54 Injunctions. (1) The department of justice or any district attorney, upon informing the department of justice, may commence an action in circuit court in the name of the state to restrain by temporary or permanent injunction any act or practice constituting a violation of this chapter or any rule or order hereunder. The division […]
553.24 – Exemption proceedings.
553.24 Exemption proceedings. (1) The division may by order deny or revoke any exemption under s. 553.23, 553.235 or 553.25 with respect to the sale of a franchise for any of the grounds specified in s. 553.28 (1). (2) If the public interest and the protection of investors so require, the division may, by order, […]