What is the cure period a Casiola franchisee has if they are given a 90-day notice of termination in Minnesota?

According to the 2024 Casiola Franchise Disclosure Document, Minnesota franchisees are entitled to a 60-day cure period if Casiola provides a 90-day notice of termination. This amendment to the franchise agreement is in place to comply with Minnesota Statutes, Sect. 80C.14 Subdivisions 3, 4, and 5.

This means that if Casiola intends to terminate a franchise agreement in Minnesota (except in certain specified cases), they must provide the franchisee with a written notice 90 days in advance. During this 90-day period, the franchisee has 60 days to correct the issues that led to the termination notice. If the franchisee successfully addresses these issues within the 60-day cure period, Casiola cannot terminate the agreement.

This provision offers significant protection to Casiola franchisees in Minnesota, ensuring they have an opportunity to rectify any breaches of the franchise agreement before facing termination. It is important for prospective franchisees to understand these specific rights and protections afforded to them under Minnesota law.