New Jersey S613 revises the "Franchise Practices Act" to enhance protections for franchisees.
New Jersey S613 revises the "Franchise Practices Act" to increase protections for franchisees. The bill removes the sales threshold for the act's application, making it applicable to more franchise arrangements. It prohibits franchisors from requiring franchisees to agree to terms that specify the court for claims or prohibit bringing actions in certain courts. The bill also restricts franchisors from receiving payments from vendors selling goods or services to franchisees and from competing with franchisees in exclusive territories.
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