13.1-572 - Rules and forms.
§ 13.1-572. Rules and forms.
A. The Commission shall have authority from time to time to make, amend andrescind such rules and forms as may be necessary to carry out the provisionsof this chapter, including, but not limited to rules and forms governingdisclosure documents, applications and reports, escrow and deferral offranchise fees and other funds paid by the franchisee, and definingaccounting, technical and trade terms used in this chapter not inconsistentwith the provisions of this chapter. The Commission shall have the authority,for the purpose of this chapter to prescribe the content and form offinancial statements and to direct whether they should be certified byindependent public or certified accountants. For the purpose of rules andforms, the Commission may classify franchises, persons and matters within itsjurisdiction and prescribe different requirements for different classes.
B. All such rules and forms shall be printed or mimeographed and availablefor distribution at the office of the Commission.
(1972, c. 561; 1978, c. 670; 2007, c. 668.)