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As of the effective date of this Camp Margaritaville FDD, what is the status of the franchise registration in California?

Camp_Margaritaville 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 states, 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:

ADDENDUM TO FRANCHISE DISCLOSURE DOCUMENT FOR MARGARITAVILLE RV RESORTS, LLC STATE OF CALIFORNIA

The following paragraphs are added to the disclosure document:

OUR WEBSITES, www.margaritaville.com and www.margaritavilleresorts.com HAVE NOT BEEN REVIEWED OR APPROVED BY THE CALIFORNIA DEPARTMENT OF FINANCIAL PROTECTION AND INVESTMENT. ANY COMPLAINTS CONCERNING THE CONTENT OF THIS WEBSITE MAY BE DIRECTED TO THE CALIFORNIA DEPARTMENT OF FINANCIAL PROTECTION AND INVESTMENT at www.dfpi.ca.gov.

THE CALIFORNIA FRANCHISE INVESTMENT LAW REQUIRES THAT A COPY OF ALL PROPOSED AGREEMENTS RELATING TO THE SALE OF THE FRANCHISE BE DELIVERED TOGETHER WITH THE DISCLOSURE DOCUMENT FOURTEEN (14) DAYS PRIOR TO THE EXECUTION OF AGREEMENT.

California Law Regarding Termination and Nonrenewal. California Business and Professions Code Sections 20000 through 20043 provide rights to franchisees concerning termination, transfer, or nonrenewal of a franchise. If the Franchise Agreement contains a provision that is inconsistent with the law, the law will control.

The registration of this franchise does not constitute approval, recommendation, or endorsement by the commissioner.

Source: Item 23 — RECEIPTS (FDD pages 72–406)

What This Means (2025 FDD)

According to Camp Margaritaville's 2025 Franchise Disclosure Document, California is one of the states that requires franchise registration or filing. The document states that it is effective and may be used in California as of the effective date, implying that Camp Margaritaville is properly registered or exempt from registration in California.

However, the FDD also includes an addendum specific to California, indicating additional requirements and disclosures under California law. This addendum states that Camp Margaritaville's websites have not been reviewed or approved by the California Department of Financial Protection and Investment, and any complaints about the website's content may be directed to that department. It also emphasizes that the California Franchise Investment Law requires a copy of all proposed agreements to be delivered with the disclosure document 14 days before the agreement is executed.

Furthermore, the addendum clarifies certain aspects of California law regarding franchise termination, nonrenewal, bankruptcy, noncompetition covenants, and applicable law, noting that certain provisions in the standard Camp Margaritaville franchise agreement may not be enforceable under California law. The addendum also includes a disclaimer that the registration of the franchise does not constitute approval, recommendation, or endorsement by the California Commissioner.

In summary, while Camp Margaritaville's FDD is effective in California, prospective franchisees should carefully review the California-specific addendum and be aware of the state's franchise laws, which may override certain provisions in the standard franchise agreement. They should also note that the California Department of Financial Protection and Investment has not reviewed or approved the franchisor's websites.

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.