factual

At All States M.E.D.'s request, what must a franchisee authorize?

All_States_M_E_D Franchise · 2024 FDD

Answer from 2024 FDD Document

We authorize the respective state agencies identified on Exhibit B to receive service of process for us in the particular state.

I have received a Franchise Disclosure Document dated April 26, 2024 including the following exhibits on the date listed below:

A. List of State Administrators

  • B. State Agents for Service of Process

Source: Item 23 — RECEIPTS (FDD pages 44–174)

What This Means (2024 FDD)

According to All States M.E.D.'s 2024 Franchise Disclosure Document, franchisees must authorize respective state agencies identified on Exhibit B to receive service of process for them in the particular state. Exhibit B, as listed in the document, is the list of state agents for service of process.

This authorization means that if All States M.E.D. is involved in a legal dispute within a franchisee's state, the designated state agency is authorized to accept legal documents on behalf of All States M.E.D.. This simplifies the legal process, as All States M.E.D. has pre-selected an agent to receive these documents, ensuring they are properly notified.

This requirement is fairly standard in franchising, as it streamlines legal proceedings and ensures that franchisors can be easily reached for legal matters across different states where they have franchisees operating. Franchisees should review Exhibit B to understand which agencies are authorized in their specific state.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.