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ASSEMBLY BILL
No. 525
An act to amend Sections 20020, 20021, and 20036 of, to amend the
heading of Article 6 (commencing with Section 20035) of Chapter 5.5
of Division 8 of, to add Sections 20022, 20028, and 20029 to, and to
repeal and add Section 20035 of, the Business and Professions Code,
relating to franchises.
legislative counsels digest
AB 525
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AB 525
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AB 525
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AB 525
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AB 525
shall reinstate the franchisee under the same terms as the existing
franchise agreement and shall pay all damages caused thereby, or
at the election of the franchisee shall pay the franchisee the fair
market value of the franchise and franchise assets. A court may
grant preliminary and permanent injunctions for a violation of this
chapter.
SEC. 9. Section 20036 of the Business and Professions Code
is amended to read:
20036. The franchisor may offset against any remedies made
pursuant to Section 20035 any sums owed the franchisor or its
subsidiaries by the franchisee pursuant to the franchise or any
ancillary agreement.
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