A person, partnership, limited liability company, association, or corporation, foreign or domestic, acting in the capacity of a franchisor shall not enter into a franchise agreement with a real estate broker in this state unless the franchisor has appointed a Louisiana licensed real estate broker to act as its representative in this state.
R.S. 37:1465 active rs title
Real estate franchises ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 1983, No. 381, §1
- amendment Acts 1989, No. 655, §1, eff. Jan. 1, 1990
- amendment Acts 1995, No. 1207, §1
- amendment Acts 2016, No. 533, §1