factual

Which states with franchise laws require the Byrider Franchise Disclosure Document to be registered or filed, or be exempt from registration?

Byrider Franchise · 2025 FDD

Answer 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.

Source: Item 23 — Receipts (FDD pages 88–335)

What This Means (2025 FDD)

According to Byrider's 2025 Franchise Disclosure Document, there are specific states that mandate the registration or filing of the Franchise Disclosure Document (FDD), or require an exemption from registration. These states include California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin.

For a prospective Byrider franchisee, this means that if they are considering opening a franchise in any of these states, Byrider has already taken steps to comply with state franchise laws by either registering the FDD, filing it, or securing an exemption. This ensures that Byrider is operating legally within these states and provides a level of assurance to the franchisee that the franchise opportunity has met certain regulatory standards.

It is important for potential franchisees to understand that franchise laws vary by state, and Byrider must adhere to these specific regulations in states that require registration or filing. This also means that Byrider has authorized state agents in these particular states to receive service of process. Franchisees should review Exhibit G of the FDD, as referenced in Item 23, to identify the appropriate state agency to contact if they believe a violation of federal or state law has occurred.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.