With respect to Brain Balance franchises, what statute must the Limitations of Claims section comply with in Minnesota?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
The Limitations of Claims section must comply with Minnesota Statutes, Section 80C.17, Subd. 5.
Source: Item 23 — RECEIPTS (FDD pages 72–292)
What This Means (2025 FDD)
According to Brain Balance's 2025 Franchise Disclosure Document, the Limitations of Claims section within the franchise agreement must adhere to Minnesota Statutes, Section 80C.17, Subd. 5. This means that any clause attempting to limit the time frame in which a franchisee can bring a claim against Brain Balance must be in accordance with Minnesota law.
For a prospective Brain Balance franchisee in Minnesota, this is an important protection. Minnesota Statute 80C.17, Subd. 5 sets the minimum and maximum period for the statute of limitations. This ensures that franchisees have a fair amount of time to discover and pursue any legal claims they may have, preventing Brain Balance from imposing unreasonably short deadlines that could prejudice the franchisee's rights.
It is important for prospective franchisees to consult with a legal professional to fully understand their rights and obligations under Minnesota law, as well as the specific terms outlined in the Brain Balance franchise agreement. This will help ensure compliance and protect their investment.