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What is the statute of limitations for claims arising under the Maryland Franchise Registration and Disclosure Law related to a Boulder Designs franchise?

Boulder_Designs Franchise · 2025 FDD

Answer from 2025 FDD Document

The following sentence is added at the end of Limitations of Claims, Section 23.4: Any claims arising under the Maryland Franchise Registration and Disclosure Law must be brought within 3 years after the grant of the franchise.

Source: Item 22 — CONTRACTS (FDD page 50)

What This Means (2025 FDD)

According to Boulder Designs's 2025 Franchise Disclosure Document, any claims arising under the Maryland Franchise Registration and Disclosure Law must be brought within 3 years after the grant of the franchise. This means that a franchisee operating in Maryland has a limited time to file a lawsuit for violations of the state's franchise laws.

This three-year statute of limitations is specific to claims arising under the Maryland Franchise Registration and Disclosure Law. It is important to note that this limitation applies regardless of when the franchisee discovered, or should have discovered, the facts giving rise to the claim. This means a franchisee must be diligent in identifying any potential violations and pursuing legal action within the specified timeframe.

This provision is an exception to the standard two-year limitation of claims outlined in Section 23.4 of the franchise agreement. This highlights the importance of understanding state-specific franchise laws, as they can provide additional protections and rights to franchisees beyond what is stipulated in the franchise agreement itself. Prospective Boulder Designs franchisees in Maryland should be aware of this three-year limitation and consult with an attorney to ensure their rights are protected.

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.