What specific section of the Boulder Designs Franchise Agreement is amended by the Rhode Island amendment?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
No statement, questionnaire or acknowledgement signed or agreed to by a franchisee in connection with the commencement of the franchise relationship shall have the effect of: (i) waiving any claims under any applicable state franchise law, including fraud in the inducement, or (ii) disclaiming reliance on behalf of the Franchisor. This provision supersedes any other term of any document executed in connection with the franchise.
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
Based on the 2025 Boulder Designs Franchise Disclosure Document, the provided excerpts do not contain a Rhode Island amendment. However, one excerpt does detail an amendment to the franchise agreement required by the state of Illinois.
According to the Illinois amendment, no statement, questionnaire, or acknowledgement signed by a franchisee in connection with starting the franchise can waive claims under any applicable state franchise law, including fraud, or disclaim reliance on behalf of Boulder Designs. This specific provision overrides any other conflicting terms in any document related to the franchise agreement.
Prospective Boulder Designs franchisees in all states should carefully review any state-specific amendments to understand their rights and obligations under local laws. It is essential to consult with a legal professional to ensure full comprehension of the franchise agreement and any related amendments before signing.