As of this Alloy Franchise Disclosure Document, what is the registration status of the document in California?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit J to the Alloy Disclosure Document
STATE EFFECTIVE DATES
The following states have franchise laws that require that the Franchise Disclosure Document be registered or filed with the states, or be exempt from registration: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin.
This Franchise Disclosure Document is registered, on file or exempt from registration in the following states having franchise registration and disclosure laws, with the following effective dates:
Source: Item 23 — RECEIPTS (FDD pages 69–245)
What This Means (2025 FDD)
According to Alloy's 2025 Franchise Disclosure Document, the document is registered, on file, or exempt from registration in California, which has franchise registration and disclosure laws. The FDD does not provide the specific effective date of registration, filing, or exemption for California.
Because California has franchise laws that require the Franchise Disclosure Document to be registered or filed with the state, or be exempt from registration, Alloy must comply with these regulations to offer franchises in California. This ensures that Alloy provides potential franchisees in California with the necessary information to make an informed investment decision.
A prospective franchisee should confirm the specific effective date with Alloy or the California Department of Financial Protection & Innovation to ensure the franchise is currently registered, filed, or exempt. This verification is crucial to ensure compliance with California franchise laws and to protect the franchisee's rights.
Additionally, the Alloy FDD includes a California Addendum with specific modifications and disclosures relevant to California franchisees, addressing aspects such as delivery of agreements, website disclaimers, modification of franchise agreements, franchisee rights regarding termination, transfer, or nonrenewal, and enforceability of certain provisions under California law.