What is the geographic scope of the amendment regarding not sufficient funds charges for Bang Cookies?

According to Bang Cookies's 2024 Franchise Disclosure Document, there are amendments that apply to specific states. One such amendment addresses not sufficient funds (NSF) fees. Specifically, for franchises governed by Minnesota law, the maximum service charge for NSF fees is capped at $30, as dictated by Minnesota Statute 604.113. This means that if a Bang Cookies franchisee operates in Minnesota, the amount they can charge for a check or payment returned due to insufficient funds is legally limited to $30.

This amendment ensures that Bang Cookies complies with Minnesota state law regarding NSF fees, protecting franchisees from unknowingly violating state regulations. It also provides clarity on the maximum allowable charge for NSF fees in Minnesota, which helps franchisees set their policies accordingly.

It is important to note that this amendment specifically applies to Minnesota. The FDD includes other state-specific amendments, such as those for New York and Connecticut, indicating that Bang Cookies tailors its franchise agreements to comply with local laws. Prospective franchisees should carefully review the amendments applicable to their specific state to understand their rights and obligations.