What is the effective date for the Best Brains Franchise Disclosure Document in Michigan?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisor: Best Brains, Inc. Hana Adas, Vice President Effective Date: [must be 15 days after FDD disclosure]
EXHIBIT J
STATE EFFECTIVE DATES
The following states have franchise laws that require that the Franchise Disclosure Document be registered or filed with the state, or be exempt from registration: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington and Wisconsin.
This document is effective and may be used in the following states, where the document is filed, registered or exempt from registration, as of the Effective Date stated below:
Source: Item 23 — RECEIPTS (FDD pages 42–190)
What This Means (2025 FDD)
According to the 2025 Best Brains Franchise Disclosure Document, the document is effective and may be used in Michigan. The effective date is determined as 15 days after the FDD disclosure.
Prospective franchisees should note that franchise laws in certain states, including Michigan, require the Franchise Disclosure Document to be registered or filed with the state, or be exempt from registration before it can be used to offer or sell franchises in that state. This ensures that Best Brains has met the legal requirements for offering franchises in Michigan.
It is important for potential Best Brains franchisees in Michigan to confirm with the franchisor the specific effective date of the FDD to ensure compliance with state franchise laws. This date marks when Best Brains can legally begin offering and selling franchises in Michigan, and it is crucial for any franchise agreement to be valid and enforceable.