Who is the Notary Public who certified the document related to Alloy?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
I, Michele Tripodi, a Notary Public, do hereby certify that Regan A. Shulman and Stephen C. Ruschak personally known to me to be the same persons whose names are respectively as Secretary and Executive Vice President of the Arch Insurance Company, a Corporation organized and existing under the laws of the State of Missouri, subscribed to the foregoing instrument, appeared before me this day in person and severally acknowledged that they being thereunto duly authorized signed, sealed with the corporate seal and delivered the said instrument as the free and voluntary act of said corporation and as their own free and voluntary acts for the uses and purposes therein set forth.
Missouri
Commonwealth of Pennsylvania - Notary Seal MICHELE TRIPODI, Motary Public Philadelphia County My Commission Expires July 31, 2025 Commission Number 1166622
Michele Tripodi, Notary Public My commission expires 07/31/2025
Source: Item 23 — RECEIPTS (FDD pages 69–245)
What This Means (2025 FDD)
According to Alloy's 2025 Franchise Disclosure Document, Michele Tripodi is the Notary Public who certified documents related to Arch Insurance Company. The documents certify that Regan A. Shulman, Secretary, and Stephen C. Ruschak, Executive Vice President, of Arch Insurance Company, signed and sealed the instrument as the free and voluntary act of the corporation. Michele Tripodi's notary commission for Philadelphia County expires on July 31, 2025, and her commission number is 1166622.
This certification is a standard legal procedure to verify the authenticity of signatures on legal documents, ensuring they were made willingly and under the authority of the signatories' positions within the company. For a prospective Alloy franchisee, this indicates that Alloy has secured the necessary surety bonds and that the individuals signing on behalf of the insurance company have been properly authorized and their signatures verified by a notary public.
The presence of a notarized certification from an insurance company is a common practice in franchising, as franchisors often require bonds or insurance to protect franchisees. This certification helps to ensure that the financial obligations and commitments made by the insurance company are legally sound and enforceable. The expiration date of the notary's commission is also noted, which is a standard element of a notary's certification.
Prospective franchisees should note the details of the surety bond, including the coverage amount and the process for filing claims, to fully understand the protections afforded to them. They may also want to confirm the ongoing validity of the Power of Attorney with Arch Insurance Company, as suggested in the document, to ensure that the individuals named are still authorized to act on the company's behalf.