factual

What is the statute of limitations for claims arising under the Maryland Franchise Registration and Disclosure Law for a Bambu franchise?

Bambu Franchise · 2025 FDD

Answer from 2025 FDD Document

  1. The following sentence is added to the end of Section 23.7:

Any claims arising under the Maryland Franchise Registration and Disclosure Law must be brought within three years after the grant of the franchise.

Source: Item 23 — Receipts (FDD pages 52–209)

What This Means (2025 FDD)

According to the 2025 Bambu Franchise Disclosure Document, any claims arising under the Maryland Franchise Registration and Disclosure Law must be brought within three years after the grant of the franchise. This means that a franchisee has a limited time window to file a lawsuit or other legal action related to violations of Maryland's franchise laws.

This three-year statute of limitations is a critical consideration for prospective Bambu franchisees in Maryland. It is essential to be aware of this deadline and to consult with an attorney promptly if any issues or concerns arise regarding potential violations of the Maryland Franchise Registration and Disclosure Law. Failure to act within this three-year period could result in the loss of the right to pursue legal remedies.

Franchisees should maintain thorough records of all communications, transactions, and events related to their franchise agreement and operations. This documentation can be crucial in establishing the basis for a claim and demonstrating that it was brought within the applicable statute of limitations. It is also advisable to seek legal counsel to understand their rights and obligations under Maryland franchise law and to ensure compliance with all applicable requirements.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.