§ 14-123. Use of commercial symbol

Latest version.

   In connection with an offer to sell or sale of a business opportunity, a person may not use the trademark, service mark, trade name, logotype, advertising, or other commercial symbol of a business unless:

   (1) the business controls the ownership interest in the seller;

   (2) the business accepts responsibility for each representation that the seller makes about the business opportunity; or

   (3) it is clear from the circumstances that the owner of the commercial symbol is not involved in the sale of the business opportunity.

HISTORY: An. Code 1957, art. 56, § 412; 1992, ch. 4, § 2; 1996, ch. 517.

                    
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