Section 445.1524 - Filing of advertisement or sales literature; exemption from liability. - Michigan Statutes

FRANCHISE INVESTMENT LAW (EXCERPT)
Act 269 of 1974

445.1524 Filing of advertisement or sales literature; exemption from liability.

Sec. 24.

(1) The department may by rule or order require the filing of any advertisement or other sales literature or advertising communication addressed or intended for distribution to prospective franchisees.

(2) Nothing in this act shall impose any liability, civil or criminal, upon any person or publisher regularly engaged in the business of publishing a bona fide newspaper or operating a radio or television station, and acting solely in his official capacity, who publishes an advertisement in good faith and without knowledge that such advertisement or publication constitutes a violation of this act.

History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984