To whom does the Wisconsin Commissioner of Securities require franchise documents to be submitted for a Beard Papas franchise?
Beard_Papas Franchise · 2025 FDDAnswer from 2025 FDD Document
Item 17, "Renewal, Termination, Transfer and Dispute Resolution," Item 17 is supplemented by the addition of the following:
The Wisconsin Fair Dealership Law Title XIV-A Ch. 135, Section 135.01-135.07 may affect the termination provision of the Franchise Agreement.
Source: Item 23 — RECEIPTS (FDD pages 58–275)
What This Means (2025 FDD)
Based on the 2025 Beard Papas Franchise Disclosure Document, there is no information provided that specifies where franchise documents should be submitted to the Wisconsin Commissioner of Securities. The document includes amendments and specific legal considerations for franchisees in California, Michigan, Minnesota, Hawaii, and Illinois, but it does not mention any specific submission requirements or contact information for the Wisconsin Commissioner of Securities.
However, the FDD does include a Wisconsin FDD Amendment that states, "The Wisconsin Fair Dealership Law Title XIV-A Ch. 135, Section 135.01-135.07 may affect the termination provision of the Franchise Agreement." This suggests that Wisconsin has specific regulations regarding franchise agreements, particularly concerning termination.
Therefore, a prospective Beard Papas franchisee in Wisconsin should directly contact the franchisor to inquire about the specific procedures and requirements for submitting franchise documents to the Wisconsin Commissioner of Securities. It would also be prudent to consult with a legal professional familiar with Wisconsin franchise law to ensure full compliance.