13.1-565 - Voidable franchises. - Virginia Statutes

§ 13.1-565. Voidable franchises.

Any franchise may be declared void by the franchisee at his option by sendinga written declaration of that fact and the reasons therefor to the franchisorby registered or certified mail if:

1. The franchisor's offer to sell a franchise was unlawful, as provided in §13.1-560 or § 13.1-563, provided that the franchisee send such writtendeclaration within 72 hours after discovery thereof but not more than 90 daysafter execution of the franchise;

2. The franchisee was not afforded the opportunity to negotiate with thefranchisor on all provisions within the franchise, except that suchnegotiations shall not result in the impairment of the uniform image andquality standards of the franchise, provided that the franchisee send suchwritten declaration within 30 days after execution of the franchise; or

3. The franchisee was not furnished a copy of the franchise agreement anddisclosure documents at least 72 hours prior to execution of the franchise,provided that the franchisee send such written declaration within 30 daysafter execution of the franchise.

(1972, c. 561; 1978, c. 670; 1979, c. 104; 1991, c. 475; 2009, c. 148.)