What is the name of the principal filing with the Washington State Securities Division for Alloy?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
State of Washington Department of Financial Institutions Securities Division
P.O. Box 9033 Olympia, WA 98507-9033 (360) 902-8760 http://www.dfi.wa.gov/sd
FRANCHISOR SURETY BOND
BOND NUMBER SP 0001083-0000
Source: Item 23 — RECEIPTS (FDD pages 69–245)
What This Means (2025 FDD)
According to Alloy's 2025 Franchise Disclosure Document, the principal filing with the Washington State Securities Division is a Franchisor Surety Bond. The document includes a reference to a surety bond with the bond number SP 0001083-0000. The purpose of this bond is to comply with Washington's franchise regulations.
This surety bond ensures that Alloy complies with the Washington Franchise Investment Protection Act. Should Alloy fail to meet its obligations under the franchise agreement or violate the Act, franchisees may be able to make a claim against the bond to recover losses.
Prospective franchisees in Washington should be aware of the existence and terms of this surety bond, as it provides a degree of financial protection. They should also note that the Washington Franchise Investment Protection Act may supersede certain provisions in the franchise agreement, particularly concerning termination and renewal rights, as detailed in the Washington Addendum to the Franchise Disclosure Document.