Minn. Stat. § 80C.06

Clapp v. Peterson · 1982 1 citation

Chapter 80C was adopted in 1973 as remedial legislation designed to protect potential franchises within Minnesota from unfair contracts and other prevalent and previously unregulated abuses in a growing national franchise industry. Martin Investors, Inc. v. Vander Bie, 269 N.W.2d 868 (Minn.1978). Chapter 80C seeks to protect potential franchisees by requiring any person offering or selling a franchise within the state to register with the Commissioner of Securities a proposed public offering statement making full disclosure of all facts required by statute or rules of the commissioner. See §§ 80C.04 (1980) and 80C.06 (1980). It is conceded that respondent is in violation of Minn. Stat. § 80C.06, subd. 5 (1980). 1 Respondent accepted the $3,000 payment and appellant executed the agreement on the same day as the presentation of the public offering statement rather than giving appellant seven days to consider the documents as required by § 80C.06, subd. 5. Appellant seeks to rescind the franchise agreement pursuant to Minn. Stat. § 80C.17, subd. 1 (1980). 2 Respondent claims that because appellant operated the business under the license and franchise agreement for more than 22 months he is estopped from rescinding the agreement.

Avery v. Solargizer International, Inc. · 1988 6 citations

1. Did the trial court err by granting summary judgment for respondents Nelson, Oren and Ruhr, and by denying summary judgment for respondents Anderson, Sr., and Anderson, Jr., on appellants’ claim of violation of Minn. Stat. § 80C.06 (1978)?

1. Did the trial court err by granting summary judgment for respondents Nelson, Oren and Ruhr, and by denying summary judgment for respondents Anderson, Sr., and Anderson, Jr., on appellants’ claim of violation of Minn. Stat. § 80C.06 (1978)?

1. Did the trial court err by granting summary judgment for respondents Nelson, Oren and Ruhr, and by denying summary judgment for respondents Anderson, Sr., and Anderson, Jr., on appellants’ claim of violation of Minn. Stat. § 80C.06 (1978)?

+ 3 more citations in this opinion.

RJM Sales & Marketing, Inc. v. Banfi Products Corp. · 1982 2 citations

+ 2 more citations in this opinion.