Instructions for Form CDA230FA FA Closeout - California

This document contains official instructions for Form CDA230FA , FA Closeout - a form released and collected by the California Department of Aging.

FAQ

Q: What is Form CDA230FA FA Closeout?A: Form CDA230FA FA Closeout is a form used in California for closing out the franchise filing requirements under the California Franchise Investment Law (CFIL).

Q: Who needs to file Form CDA230FA FA Closeout?A: Franchisors who have previously filed a Form CDA230FA FA Registration with the California Department of Business Oversight (DBO) need to file Form CDA230FA FA Closeout to officially close out their filing requirements.

Q: When should Form CDA230FA FA Closeout be filed?A: Form CDA230FA FA Closeout should be filed within 30 days after the franchisor has ceased offering or selling franchises in California.

Q: Are there any fees associated with filing Form CDA230FA FA Closeout?A: No, there are no fees associated with filing Form CDA230FA FA Closeout.

Q: What information is required on Form CDA230FA FA Closeout?A: Form CDA230FA FA Closeout requires the franchisor to provide information about the franchisor and the franchises offered or sold in California, as well as the date of cessation of offering or selling franchises.

Q: Is it mandatory to file Form CDA230FA FA Closeout?A: Yes, it is mandatory for franchisors who have previously filed a Form CDA230FA FA Registration to file Form CDA230FA FA Closeout.

Q: What happens if I fail to file Form CDA230FA FA Closeout?A: Failure to file Form CDA230FA FA Closeout may result in penalties and enforcement actions by the California Department of Business Oversight (DBO).