What Minnesota statute governs NSF checks related to the All Team franchise?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
ship shall have the effect of (i) waiving any claims under any applicable state franchise law, includi
Source: Item 22 — CONTRACTS (FDD pages 33–34)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, NSF checks from franchisees operating in Minnesota are governed by Minnesota Statute 604.113. This statute places a cap of $30 on service charges for NSF checks.
For a prospective All Team franchisee in Minnesota, this means that if a check to All Team is returned for non-sufficient funds, the service charge that All Team can levy is limited to a maximum of $30. This provides a degree of protection to the franchisee, preventing excessive fees for bounced checks.
It is important for franchisees to be aware of this statute to ensure they are not overcharged for NSF checks. Franchisees should verify that any charges for NSF checks comply with the $30 limit specified in Minnesota Statute 604.113.