factual

What information must be included in the notary signature section of the Bang Cookies general release?

Bang_Cookies Franchise · 2024 FDD

Answer from 2024 FDD Document

NOTARY SIGNATURE, SEAL AND INFORMATION: Onbefore me, the undersigned, personally appeared personally known to me or proven to me on the basis of satisfactory evidence to be the individual(s) whose name(s) is (are) subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their capacity/capacities, and that by his/her/their signature(s) on the instrument, the individual(s), or the person upon behalf of which the individual(s) acted, executed the instrument. Notary Signature and Sea

Source: Item 23 — RECEIPTS (FDD pages 56–245)

What This Means (2024 FDD)

According to Bang Cookies' 2024 Franchise Disclosure Document, the notary signature section of the general release requires the notary to include specific details. The notary must confirm that the person signing the release personally appeared before them and was either personally known to them or provided satisfactory evidence of their identity. The notary must also acknowledge that the individual(s) signing the document did so in their designated capacity and that their signature(s) on the instrument confirm that they, or the person on whose behalf they acted, executed the instrument. Finally, the notary must include their signature and seal.

This requirement ensures that the general release is legally sound and that the person signing it is doing so knowingly and willingly. The inclusion of these details in the notary signature section helps to prevent fraud and ensures the validity of the release. This is a standard practice in legal documents to verify the identity of the signatory and to confirm that the signature is genuine.

For a prospective Bang Cookies franchisee, this means that when signing a general release, they must do so in the presence of a notary public. They will need to provide identification to the notary, and the notary will complete the signature section with the required information, including their signature and seal. This process adds a layer of legal protection and ensures that the release is properly executed and legally binding.

Disclaimer: This information is extracted from the 2024 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.