What is the issuance date of this All States M.E.D. Disclosure Document?

According to All States M.E.D.'s 2024 Franchise Disclosure Document, the issuance date is April 26, 2024. This date is crucial because it signifies when All States M.E.D. Franchising, LLC officially prepared and finalized the document for distribution to potential franchisees.

The issuance date is important for prospective franchisees as it marks the beginning of the legally mandated review period. Franchise laws in several states, including Iowa, Michigan, and New York, require franchisors to provide the FDD to candidates a certain number of days before they sign any binding agreements or make payments. This allows franchisees adequate time to thoroughly review the document and seek professional advice.

Specifically, the FDD states that All States M.E.D. must provide the disclosure document to prospective franchisees 14 calendar days before signing a binding agreement or making a payment. Certain states like Iowa require the document at the earlier of the first personal meeting or 14 calendar days before signing or payment. Michigan requires at least 10 business days, and New York requires the earlier of the first personal meeting or 10 business days. This ensures compliance with federal and state regulations, and failure to deliver the document on time or if it contains false information could lead to legal violations.