Mich. Admin. Code R. 445.710
Current through Vol. 24-21, December 1, 2024
Rule 710. The franchise agent shall not receive funds from franchise sales or other business conducted on behalf of the franchisor or subfranchisor. Payments from the sale of a franchise shall be made only to an escrow account designated by the franchisor or the subfranchisor for deposit.
Mich. Admin. Code R. 445.710