In the All Team receipt, what is the title of the person who must acknowledge the document on behalf of the user entity?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
| ATFC: | USER |
|---|---|
| ALL TEAM FRANCHISE CORPORATION | |
| By: | By: |
| Brian | , |
| Hindman, Chief Executive Officer | |
| STATE OF | |
| ) | |
| ) | |
| COUNTY OF | |
| ) | |
| known, who, being by me duly sworn, did say that he is the Chief Executive Officer of All Team Franchise | On this day of, 20, before me appeared Brian Hindman, personally |
| Corporation, a corporation of the State of Florida, and that said instrument was signed on behalf of said | |
| corporation by authority of its board of directors, and said President acknowledged said instrument to be | |
| the free act and deed of said corporation. |
Source: Item 23 — RECEIPT (FDD pages 34–161)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the title of the person who must acknowledge the receipt document on behalf of the user entity is not explicitly defined in the provided excerpt. The receipt includes a section for the user entity to acknowledge the document, but it only indicates that the person signing should state their title and that they are authorized to sign on behalf of the entity.
Specifically, the receipt includes a space for the title of the person signing on behalf of the user entity, along with a statement that they are duly sworn and have the authority to sign the instrument as the free act and deed of the entity. However, the document does not specify a particular title or level of authority required for this acknowledgement.
Therefore, a prospective All Team franchisee should clarify with All Team which specific roles or titles within their organization are authorized to sign this receipt to ensure proper compliance and avoid any potential issues with the acknowledgement process. This is important for ensuring the legal validity of the document and demonstrating that the franchisee has received and understood the disclosure document.