What state is Byrider Franchising Partners, LLC incorporated in?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS RIDER is made and entered into by and between BYRIDER FRANCHISING PARTNERS, LLC, a Delaware limited liability company whose address it 12802 Hamilton Crossing Boulevard, Carmel, Indiana, 46032 (the "Company"), and a(n) whose principal business address is (the "Franchisee"). | ||
|---|---|---|
| 1. | BACKGROUND. The Company and the Franchisee are parties to that certain Franchise Agreement dated, 20 (the "Franchise Agreement"). This Rider is annexed to and forms an integral part of the Franchise Agreement. This Rider supersedes any inconsistent or conflicting provisions of the Franchise Agreement. This Rider is being signed because (a) an offer to sell is made in the State of North Dakota; or (b) an offer to buy is accepted in the State of North Dakota; or (c) if the Franchisee are domiciled in the State of North Dakota, Franchisee's Business is or will be operated in the State of North Dakota. | |
| 2. Law. | RELEASES. The following provision is added to the end of Section 5.2.F., Section 6.1.E. and Section 14.3.C.(6) of the Franchise Agreement: However, any release required as a condition of renewal and/or assignment/transfer will not apply to the extent prohibited by the North Dakota Franchise Investment |
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, Byrider Franchising Partners, LLC is a Delaware limited liability company. This information is found within a rider that may be included in the franchise agreement, particularly if an offer to sell or buy a franchise is made or accepted in North Dakota. The rider also applies if the franchisee is domiciled in North Dakota and their business is or will be operated in North Dakota.
This detail about Byrider being a Delaware LLC is important for prospective franchisees as it establishes the legal structure and domicile of the franchising entity. Delaware is a common choice for incorporation due to its business-friendly laws and court system. This may influence legal proceedings or interpretations of the franchise agreement.
For franchisees in North Dakota, this rider modifies certain sections of the franchise agreement, particularly concerning releases required for renewal or assignment/transfer, ensuring they do not conflict with the North Dakota Franchise Investment Law. This highlights that franchise agreements can be subject to state-specific regulations that can modify the standard terms.
Overall, understanding the franchisor's legal structure and the potential impact of state laws is crucial for any prospective franchisee. The rider included in the Byrider FDD provides transparency regarding these aspects, especially for franchisees operating in or connected to North Dakota.