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The condition and prior filing are separate
The Secretary of State’s FAQ describes material compliance in Texas with applicable Federal Trade Commission disclosure requirements and prohibitions as the franchise exemption condition. It also requires the notice before the covered offer or sale.
Form 2703 asks for the franchisor’s legal name, every name under which it does or intends to do business, and principal business address. The FAQ lists $25 and describes a one-time notice without expiry, with principal-address changes notified in writing.
A completed Franchise Disclosure Document (FDD) or a “licence” contract heading does not establish the actual exemption and notice conditions. No expiry does not guarantee continued eligibility.
If the condition is not established
Nonexempt business-opportunity sellers have separate registration, disclosure and update processes. The one-time notice and $25 budget are not substitutes. Actual Texas communications and connections still matter.
Scope
- Limited to the stated franchise exemption notice, not every Texas sales or operating duty. The actual model, offer connections and exemption conditions are not decided.
Next step
Establish the qualifying condition and actual seller, then complete the applicable prior notice before a covered offer.
Sources & review notes
Texas Secretary of State
Passage, dates and research notes
official-guidance · Questions 5–6
prior to offering for sale or selling, the seller must file an
Narrow cited passages reviewed. This is not a complete jurisdictional survey.
Detailed rule records (1)
The Secretary of State describes a business-opportunity registration exemption for franchisors complying in all material respects with applicable FTC disclosure requirements and prohibitions in Texas. The seller must file the exemption notice before offering or selling.
Frequently Asked Questions for Form Series 2700 - Business OpportunitiesKeep this reading in your learning library.
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