Who must All County franchisees grant authority to legally bind them in dealings with All County?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
You acknowledge and agree that your owners and you will grant to one individual (the "Managing Owner"), the authority to legally bind you in any dealings with us, or our affiliates, and to direct any action necessary to ensure compliance with this Agreement and any other agreements relating to the Business.
You acknowledge and agree that the Business must at all times have a designated real estate broker of record, or its equivalent, who is duly registered with the state authorities in any state in which you will be operating the Franchise Business, if required by your state or jurisdiction.
The Managing Owner, at all times during the Term of the Agreement, shall maintain management control of the Business, or shall have like authority, ownership, managerial control and voting power in any limited liability company, partnership, or other form of entity, unless otherwise agreed upon in writing by us.
You will notify us thirty (30) days in advance of any change in the identity of the Managing Owner.
Where such change results from the death or incapacity of the Managing Owner, you shall immediately notify us of such death or incapacity, and you will appoint a new Managing Owner within sixty (60) days after such death or incapacity.
We reserve the right to review and disapprove of any newly appointed Managing Owner within ten (10) days of notice.
We reserve the right to review and approve the authority of the Managing Owner with respect to your Articles of Organization, LLC Operating Agreement, Partnership Agreement, Shareholders Agreement, or similar documents.
Neither you nor your owners will, directly or indirectly, take any action to avoid or restrict the authority requirement for the Managing Owner.
Source: Item 23 — Receipts (FDD pages 43–157)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, franchisees and their owners must grant authority to one individual, known as the "Managing Owner," to legally bind them in any dealings with All County or its affiliates. This designated Managing Owner is also responsible for directing any action necessary to ensure compliance with the Franchise Agreement and any other agreements related to the All County business.
This requirement ensures that All County has a single point of contact with the authority to make decisions and commitments on behalf of the franchisee. The Managing Owner must maintain management control of the business and hold the appropriate authority, ownership, managerial control, and voting power within the business entity, unless otherwise agreed upon in writing by All County. Franchisees must notify All County 30 days in advance of any change in the Managing Owner.
In the event of the Managing Owner's death or incapacity, the franchisee must immediately notify All County and appoint a new Managing Owner within 60 days. All County retains the right to review and disapprove of any newly appointed Managing Owner within ten days of notice. All County also reserves the right to review and approve the authority of the Managing Owner with respect to the franchisee's organizational documents, such as Articles of Organization, LLC Operating Agreement, Partnership Agreement, or Shareholders Agreement. Neither the franchisee nor its owners are permitted to take any action to avoid or restrict the authority requirement for the Managing Owner.