Who is the Maryland Commissioner of Securities to contact regarding Buff City Soap?
Buff_City_Soap Franchise · 2025 FDDAnswer from 2025 FDD Document
Payment of Initial Franchise/Development Fees will be deferred until Franchisor has met its initial obligations to franchisee, and franchisee has commenced doing business. This financial assurance requirement was imposed by the Maryland Office of the Attorney General Securities Division due to Franchisor's financial condition.
No statement, questionnaire, or acknowledgment 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 any statement made by any franchisor, franchise seller, or other person acting on behalf of the franchisor. This provision supersedes any other term of any document executed in connection with the franchise.
Source: Item 6 — , Securities Offering Fee, in the amount column is revised to state the following: (FDD pages 216–303)
What This Means (2025 FDD)
The 2025 Buff City Soap Franchise Disclosure Document (FDD) mentions that if the disclosure document is not delivered on time, contains false or misleading statements, or has material omissions, it should be reported to any applicable state agency listed in Exhibit G. For Maryland specifically, the FDD indicates that the Maryland Office of the Attorney General Securities Division imposed a financial assurance requirement on Buff City Soap due to the franchisor's financial condition. This requirement involves deferring the payment of Initial Franchise/Development Fees until Buff City Soap has met its initial obligations to the franchisee and the franchisee has commenced business. While the specific name of the 'Maryland Commissioner of Securities' is not provided, Exhibit G would list the appropriate state agency to contact. Therefore, prospective franchisees should consult Exhibit G of the FDD to identify the correct contact information for reporting any issues related to franchise disclosure or violations of state law to the relevant Maryland authority.