As of what date is the All County Franchise Disclosure Document effective in Illinois?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
The following states have franchise laws that require that the Franchise Disclosure Document be registered or filed with the state, or be exempt from registration: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin.
This document is effective and may be used in the following states, where the document is filed, registered or exempt from registration, as of the Effective Date stated below:
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, the document is effective and may be used in Illinois as of the effective date stated below. However, the excerpt does not specify the exact effective date for Illinois. The document mentions that Illinois law governs the agreements and includes addenda specific to Illinois, addressing aspects like jurisdiction, venue, termination, and non-renewal conditions as per the Illinois Franchise Disclosure Act.
Prospective All County franchisees in Illinois should note that certain provisions in the franchise agreement, such as those designating jurisdiction and venue outside of Illinois, are void, although arbitration outside of Illinois is permitted. The FDD also highlights specific sections of the Illinois Franchise Disclosure Act related to termination and non-renewal of franchise agreements, ensuring franchisees are aware of their rights and obligations under Illinois law.
Given the absence of a specific effective date for Illinois within the provided excerpts, it is crucial for potential franchisees to confirm this date with All County directly. This confirmation will ensure that the franchisee has the most current and legally compliant version of the FDD for Illinois before making any commitments.