What Rhode Island Act is recognized in the Black Bear Diner Franchise Agreement addendum?
Black_Bear_Diner Franchise · 2025 FDDAnswer from 2025 FDD Document
| This Addendum to the Franchise Agreement is agreed to this day of, 20, | |
|---|---|
| between BBDI LLC | |
| and | |
| to amend and revise said Franchise Agreement as follows: | |
| In recognition of the requirements of The Rhode Island Franchise Investment Act §19- |
Source: Item 23 — RECEIPT (FDD pages 56–243)
What This Means (2025 FDD)
According to the 2025 Black Bear Diner Franchise Disclosure Document, the Rhode Island Franchise Investment Act is recognized in the Franchise Agreement addendum. Specifically, the addendum acknowledges the requirements of this Act, referencing it as §19-28.1-14. This recognition indicates that the franchise agreement is designed to comply with Rhode Island's specific regulations regarding franchise investments.
Several sections of the standard Black Bear Diner Franchise Agreement are amended by the Rhode Island addendum to comply with the Rhode Island Franchise Investment Act. These amendments ensure that certain provisions, such as those related to general releases, jurisdiction, and venue, do not violate the Act. For instance, any requirement to restrict jurisdiction or venue to a location outside of Rhode Island, or to apply the laws of another state, is voided if it conflicts with the Rhode Island Franchise Investment Act.
This addendum is effective only to the extent that it meets the jurisdictional requirements of the Rhode Island Franchise Investment Act. In cases where there are inconsistencies between the addendum and the standard Franchise Agreement, the terms of the addendum will take precedence. This ensures that franchisees operating in Rhode Island are protected by the state's franchise laws.