What Minnesota Statute governs NSF checks for Brain Balance franchises?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
Section 80C.12, Subd. 1(g).
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- Minnesota Rules 2860.4400(D) prohibits a franchisor from requiring a
Source: Item 23 — RECEIPTS (FDD pages 72–292)
What This Means (2025 FDD)
According to Brain Balance's 2025 Franchise Disclosure Document, Minnesota Statute 604.113 governs NSF checks for franchises operating in Minnesota. This statute puts a cap of $40 on service charges related to NSF checks.
For a prospective Brain Balance franchisee in Minnesota, this means that if a customer's check bounces due to non-sufficient funds, the franchisee can only charge a service fee up to a maximum of $40. This limit is set by Minnesota state law and is designed to protect consumers from excessive fees.
It is important for franchisees to be aware of this legal limitation to ensure compliance and avoid potential legal issues. Franchisees should consult with legal counsel to fully understand their rights and obligations under Minnesota Statute 604.113 and other applicable laws.