factual

In Hawaii, who is the registered agent authorized to receive service of process for Boulder Designs?

Boulder_Designs Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. Registered agent in the state authorized to receive service of process: Commissioner of Securities, Department of Commerce and Consumer Affairs, Business Registration Division, Securities Compliance Branch, 335 Merchant Street, Room 203, Honolulu, Hawaii 96813.
    1. Item 5 is amended by the following:

Payment of Initial Franchise Fees will be deferred until Franchisor has met its initial obligations to Franchisee, and Franchisee has commenced doing business. This financial assurance requirement was imposed by the Hawaii Securities Compliance Branch due to the Franchisor's financial condition.

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 38–44)

What This Means (2025 FDD)

According to Boulder Designs' 2025 Franchise Disclosure Document, the registered agent in Hawaii authorized to receive service of process is the Commissioner of Securities, Department of Commerce and Consumer Affairs, Business Registration Division, Securities Compliance Branch, located at 335 Merchant Street, Room 203, Honolulu, Hawaii 96813. This means that if someone wants to sue Boulder Designs in Hawaii, they must legally notify this agent.

This information is crucial for prospective Boulder Designs franchisees in Hawaii because it clarifies who is officially designated to receive legal notices on behalf of the company within the state. Knowing this ensures that any legal matters can be properly addressed and that the franchisee understands the correct procedure for serving legal documents.

It's also important to note that Item 5 in the FDD is amended for the state of Hawaii, deferring the payment of initial franchise fees until Boulder Designs has met its initial obligations to the franchisee and the franchisee has commenced business. This financial assurance requirement was imposed by the Hawaii Securities Compliance Branch due to Boulder Designs' financial condition. This amendment provides additional financial protection for franchisees in Hawaii.

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.