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Can I offer a free trial for my product or service in Florida? What are the requirements?
Yes, you can offer a free trial for your product or service in Florida. However, the specific requirements for offering a free trial may vary depending on the nature of your product or service.
If your product or service is related to securities, you may need to comply with the registration requirements of the Florida Securities and Investor Protection Act [69W-100.008][1.1][3.1]. However, the use of a preliminary offering circular, if designated as such, which has been previously filed with the Office of Financial Regulation in connection with an application for registration of securities, may be allowed [69W-100.008][1.1][3.1].
If your product or service is related to construction, you may need to follow the product approval process outlined in [61G20-3.007][4.2].
It is important to note that there are additional requirements for product eligibility and validation by approved validation entities for state approval [20-81.002][2.1][61G20-3.006][4.1]. However, these requirements may not be applicable to all products or services.
Therefore, it is recommended that you consult with a legal professional to ensure that you are in compliance with all applicable laws and regulations when offering a free trial in Florida.
In summary, you can offer a free trial for your product or service in Florida, but the specific requirements may vary depending on the nature of your product or service. It is recommended that you seek legal advice to ensure compliance.
Source(s):
- [1.1] Offer of Securities Prior to Registration
- [2.1] Product Eligibility
- [3.1] Offer of Securities Prior to Registration
- [4.1] Product Validation by Approved Validation Entity for State Approval
- [4.2] Product Approval by the Commission
Jurisdiction
Florida