factual

What Minnesota statute provides a Bang Cookies franchisee with certain termination and non-renewal rights?

Bang_Cookies Franchise · 2024 FDD

Answer from 2024 FDD Document

Minnesota law provides a franchisee with certain termination and non-renewal rights. Minn. Stat. Sect. 80C.14 Subdivisions 3, 4, and 5 require, except in certain specified cases, that franchisee be given 180 days-notice of nonrenewal of this Agreement by Franchisor.

Minnesota law provides a franchisee with certain termination rights. Minn. Stat. Sect. 80C.14 Subdivisions 3, 4, and 5 require, except in certain specified cases, that franchisee be given 90 daysnotice of termination (with 60 days to cure) of this Agreement.

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

What This Means (2024 FDD)

According to Bang Cookies's 2024 Franchise Disclosure Document, Minnesota Statute Section 80C.14 provides franchisees with specific rights regarding termination and non-renewal of their franchise agreement. Specifically, Subdivisions 3, 4, and 5 of this statute mandate that, except in certain situations, Bang Cookies must provide the franchisee with 90 days' notice of termination (with 60 days to cure) and 180 days' notice of non-renewal.

This means that if Bang Cookies decides not to renew a franchise agreement, they must inform the franchisee at least 180 days before the agreement expires. Similarly, if Bang Cookies terminates the agreement (outside of specific exceptions), they must give the franchisee 90 days' notice and an opportunity to correct any issues within 60 days. These provisions aim to protect franchisees by ensuring they have adequate time to prepare for the end of their franchise relationship, whether through non-renewal or termination.

Furthermore, the FDD includes amendments to the Bang Cookies Franchise Agreement to ensure compliance with Minnesota law. These amendments reinforce that franchisees retain all rights and causes of action arising from the Minnesota Franchise Act, and that no provisions in the agreement can waive these rights. This is particularly relevant concerning transfer approvals, renewal conditions, and the handling of infringement claims, ensuring that Bang Cookies franchisees in Minnesota benefit from the protections afforded by state law.

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.