As of the Effective Date stated in the Byrider Franchise Disclosure Document, in which states is the document effective and may be used because it is filed, registered, or exempt from registration?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
The following states have franchise laws that require that the Franchise Disclosure Document be registered or filed with the state, or be exempt from registration: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin.
This document is effective and may be used in the following states, where the document is filed, registered or exempt from registration, as of the Effective Date stated below:
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, the document is effective and may be used in states where it is filed, registered, or exempt from registration. These states include California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin.
Prospective franchisees should be aware that franchise laws vary by state, and registration or filing requirements are necessary to ensure compliance. Byrider has taken steps to comply with these regulations in the listed states, allowing them to offer franchises there.
It is important to note that other states may have regulations concerning franchises under different laws, such as those related to business opportunities or seller-assisted marketing plans. Franchisees should consult legal counsel to ensure they comply with all applicable state and federal laws before investing in a Byrider franchise.