Section 32.03. Material events or material changes affecting exempted franchisors and their franchises.

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Franchisors whose franchises are exempted under s. 553.25 , Stats., shall be required, as a condition of maintenance of the exemption, to notify the division in writing within 30 days after the happening of any material event or material change within the meaning of s. DFI-Sec 31.01 (2) , affecting the exempted franchises or the franchisor.

                    
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