factual

What sections of the Illinois Franchise Disclosure Act govern the Bft Developer's rights upon termination and non-renewal of a multi-unit agreement?

Bft Franchise · 2025 FDD

Answer from 2025 FDD Document

Disclosure Act provides that any condition, stipulation or provision purporting to bind any person acquiring any franchise to waive compliance with the Illinois Franchise Disclosure Act or any other law of Illinois is void.

Your rights upon termination and non-renewal of a franchise agreement/multi-unit agreement are subject to sections 19 and 20 of the Illinois Franchise Disclosure Act.

MARYLAND

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 57–66)

What This Means (2025 FDD)

According to Bft's 2025 Franchise Disclosure Document, the rights of a Bft Developer in Illinois upon termination and non-renewal of a multi-unit agreement are governed by sections 19 and 20 of the Illinois Franchise Disclosure Act. This means that these specific sections of the Act outline the legal protections and procedures that Bft must follow if the franchise agreement is terminated or not renewed.

For a prospective Bft franchisee in Illinois, this is an important consideration. Sections 19 and 20 of the Illinois Franchise Disclosure Act likely detail the conditions under which Bft can terminate the agreement, the notice periods required, and any compensation or rights the franchisee may have upon termination or non-renewal. Understanding these sections is crucial for assessing the risks and potential outcomes associated with the franchise agreement.

It is also important to note that Section 41 of the Illinois Franchise Disclosure Act states that any provision that attempts to waive compliance with the Illinois Franchise Disclosure Act or any other law of Illinois is void. This reinforces the protection provided to franchisees under Illinois law, ensuring that Bft cannot circumvent the regulations set forth in the Act through contractual clauses.

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.