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Key: (1) language to be deleted (2) new language

CHAPTER 91--H.F.No. 3775

An act

relating to commerce; modifying registration filing for franchises;

amending Minnesota Statutes 2020, section 80C.08, subdivision 1.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2020, section 80C.08, subdivision 1, is amended to read:

Subdivision 1.

Filing; fee.

deleted text begin Within 120 days after the fiscal year end of the registrant, the registrant shalldeleted text end new text begin A registration is effective for 12 months from the date the commissioner's order is issued. A registrant mustnew text end file a report in the form prescribed by rule of the commissionernew text begin before the end of the registration effective periodnew text end . A fee of $200 shall accompany the annual report.

new text begin EFFECTIVE DATE; APPLICABILITY. new text end

new text begin This section is effective January 1, 2023, and applies to initial registrations filed on or after that date. new text end

Presented to the governor May 24, 2022

Signed by the governor June 2, 2022, 2:08 p.m.

Official Publication of the State of Minnesota
Revisor of Statutes