What information about the depositor will be printed on the checks for Browns Chicken?
Browns_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
Rider C
TO THE FRANCHISE AGREEMENT BETWEEN
BROWN'S CHICKEN, LLC
BANK DRAFT AUTHORIZATION FORM
AUTHORIZATION TO HONOR CHECKS OR ELECTRONIC FUNDS TRANSFER DRAWN BY AND PAYABLE TO BROWN'S CHICKEN, LLC
STORE #
BANK ACCOUNT NUMBER
BANK ACCOUNT IN THE NAME OF
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to the 2025 Browns Chicken Franchise Disclosure Document, a Bank Draft Authorization form outlines the information that will be printed on checks. The form specifies that the store number, bank account number, and the name in which the bank account is held will be printed on checks or electronic funds transfers drawn by and payable to Browns Chicken, LLC.
This authorization allows Browns Chicken to directly draw funds from the franchisee's bank account for various fees and payments as outlined in the franchise agreement. The franchisee must provide the necessary bank account information to Browns Chicken to facilitate this process.
It is important for a prospective Browns Chicken franchisee to understand the implications of this bank draft authorization, as it grants Browns Chicken direct access to their funds. Franchisees should ensure they carefully review all charges and reconcile them with their records to avoid any discrepancies or unauthorized withdrawals. Franchisees should also understand the procedure for revoking or modifying this authorization if necessary.