What does Section 23.1 of the Boulder Designs Franchise Agreement state regarding governing law?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
ARTICLE 23 - DISPUTE RESOLUTION
Section 23.1 Choice of Law
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to the 2025 Boulder Designs Franchise Disclosure Document, Section 23.1, titled "Choice of Law," is part of Article 23, which addresses dispute resolution. However, the document does not provide the specific text of Section 23.1. Instead, it only indicates the title of the section.
Without the specific details of Section 23.1, it is not possible to determine what laws govern the Franchise Agreement. Typically, this section specifies which state's laws will be used to interpret the agreement in case of a dispute. This can be important because laws vary from state to state, and the choice of law can significantly impact the outcome of any legal proceedings.
A prospective Boulder Designs franchisee should ask the franchisor for the complete text of Section 23.1 to understand which state's laws govern the agreement. They should also seek legal counsel to understand the implications of the chosen governing law and how it might affect their rights and obligations under the Franchise Agreement.