factual

What documents are included in Exhibit J-1 of the Best Western FDD for 2025?

Best_Western Franchise · 2025 FDD

Answer from 2025 FDD Document

EXHIBIT J-1 TO FDD

BYLAWS AND ARTICLES

2025 Bylaws & Articles

Member's Bill of Rights

Each Member Of Best Western Shall Have The Following Rights:

    1. The right to receive an agenda of the annual and regular Board of Directors' meetings prior to each meeting, and to attend such Board meetings and to address the Board at such meetings.
    1. The right to receive complete minutes of meetings of the Board of Directors, a detailed annual budget and detailed annual financial statements.
    1. The right to set one's own property room rates and the right to vote on implementation of any programs providing for room rate discounts in excess of ten percent (10%) from a Member's published rates.
    1. The right to vote on any amendment of or additions to the Bylaws of Best Western.
    1. The right to vote on any change in Best Western's Rules and Regulations, as defined in these Bylaws.
    1. The right to vote on increases in Member dues, fees or assessments in excess of the lesser of (a) five percent (5%), and (b) the rate of inflation for the previous year.
    1. The right to receive notice of a minimum of 24 hours before any property assessment.
    1. The right to request an impact analysis (including an independent analysis of market effect) prior to the approval of a new Membership.

Source: Item 22 — Contracts (FDD pages 107–108)

What This Means (2025 FDD)

According to the 2025 Best Western FDD, Exhibit J-1 includes the Bylaws and Articles of the organization. Additionally, it outlines the Member's Bill of Rights. This bill of rights ensures that each Best Western member has specific entitlements related to the operation and governance of the organization.

The Member's Bill of Rights includes several key provisions. Members have the right to receive agendas and attend Board of Directors meetings, as well as address the Board. They are also entitled to receive complete minutes of Board meetings, a detailed annual budget, and annual financial statements. These provisions promote transparency and keep members informed about the organization's operations and financial status.

Furthermore, members have the right to set their own property room rates and vote on the implementation of programs that provide room rate discounts exceeding 10% from their published rates. They also have the right to vote on any amendments or additions to the Bylaws and changes to Best Western's Rules and Regulations. Additionally, members can vote on increases in member dues, fees, or assessments exceeding the lesser of 5% or the rate of inflation for the previous year. Members are also entitled to a minimum of 24 hours' notice before any property assessment and can request an impact analysis before the approval of a new membership. These rights ensure that members have a voice in important decisions affecting their business and the overall direction of Best Western.

Disclaimer: This information is extracted from the 2025 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.