What is the statute of limitations for claims arising under the Maryland Franchise Registration and Disclosure Law for Alloy franchises in Maryland?

According to Alloy's 2025 Franchise Disclosure Document, any claims arising under the Maryland Franchise Registration and Disclosure Law must be brought within three years after Alloy grants the franchise. This is explicitly stated in the Maryland Addendum to the Franchise Disclosure Document. This provision ensures that franchisees have a defined period to bring legal action related to franchise law violations.

This three-year statute of limitations means that a franchisee in Maryland must initiate any legal proceedings related to the Maryland Franchise Registration and Disclosure Law within three years from the date the franchise was granted. Failure to do so may result in the claim being time-barred, meaning the franchisee loses the right to sue. This timeframe provides a balance, allowing franchisees sufficient time to discover and address any potential violations while also preventing claims from being brought many years after the franchise agreement was established.

It is important for prospective Alloy franchisees in Maryland to understand this limitation period and to consult with legal counsel if they believe they have a claim under the Maryland Franchise Registration and Disclosure Law. This ensures that they are aware of their rights and can take appropriate action within the specified timeframe. This clause is specific to Maryland due to its franchise laws, as indicated by the Maryland Addendum.