Are the 2025 Bylaws and Articles included as an exhibit in the Best Western FDD?
Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT J-1 TO FDD
BYLAWS AND ARTICLES
2025 Bylaws & Articles
Source: Item 22 — Contracts (FDD pages 107–108)
What This Means (2025 FDD)
Yes, according to the 2025 Best Western Franchise Disclosure Document, the 2025 Bylaws and Articles are included as Exhibit J-1. This exhibit is a crucial part of the FDD as it outlines the rules, regulations, and operational procedures that govern the relationship between Best Western and its members. Understanding these documents is essential for any prospective franchisee to ensure they are aware of their rights, responsibilities, and obligations as a member of the Best Western brand.
Specifically, the Bylaws and Articles detail various aspects of membership, including the rights of each member. These rights include receiving agendas and attending Board of Directors meetings, accessing meeting minutes, budgets, and financial statements, and having the right to set room rates. Members also have the right to vote on amendments to the Bylaws, changes to the Rules and Regulations, and increases in member dues, fees, or assessments exceeding certain limits. These provisions ensure that members have a voice in the governance and direction of the Best Western organization.
Additionally, the Bylaws and Articles cover important definitions and terms used within the Best Western framework. These definitions clarify the meaning of terms such as "Articles of Incorporation," "Best Western Property," "Board," and "Bylaws," among others. Understanding these definitions is crucial for interpreting the various clauses and provisions within the Bylaws and Articles accurately. This section also defines the roles of different committees and positions within the organization, such as Advisory Committees, Directors, and the Chairperson, providing a clear understanding of the organizational structure and decision-making processes within Best Western.