factual

For Chatime, what is the role of the California Commissioner of Financial Protection and Innovation?

Chatime Franchise · 2025 FDD

Answer from 2025 FDD Document

Exhibit D to the Franchise Disclosure Document

LIST OF AGENTS FOR SERVICE OF PROCESS AND REGULATORY AUTHORITIES

STATE AGENTS FOR SERVICE OF PROCESS REGULATORY AUTHORITIES

California California Commissioner of Financial

Protection and Innovation:

Los Angeles:

320 West Fourth Street, Suite 750 Los Angeles, CA 90013-2344 (213) 576-7505 or (866) 275-2677

Sacramento:

2101 Arena Boulevard Sacramento, CA 95834

(916) 445-7205 or (866) 275-2677

San Diego:

1350 Front Street, Suite 2034 San Diego, CA 92101-3697 (619) 525-4233 or (866) 275-2677

San Francisco:

One Sansome Street, Suite 600 San Francisco, CA 94104 (415) 972 8559 or (866) 275-2677

Source: Item 23 — Receipts (FDD pages 58–262)

What This Means (2025 FDD)

According to Chatime's 2025 Franchise Disclosure Document, the California Commissioner of Financial Protection and Innovation serves as both a state agent for service of process and a regulatory authority. This means the Commissioner can be officially served with legal documents on behalf of Chatime, and also oversees regulatory compliance related to franchise operations within California. The Commissioner has offices located in Los Angeles, Sacramento, San Diego, and San Francisco.

For prospective Chatime franchisees in California, this is important for a few reasons. First, it provides a clear point of contact for any legal or regulatory concerns related to the franchise. Second, it highlights that Chatime is subject to California's franchise laws and regulations, which are designed to protect franchisees. Finally, the FDD notes that Chatime's website has not been reviewed or approved by the California Department of Financial Protection and Innovation, and any complaints about the website's content can be directed to the Department.

Additionally, the California Addendum to the Chatime Franchise Disclosure Document outlines several specific protections for franchisees under California law. For example, certain provisions in the Franchise Agreement, such as those related to termination upon bankruptcy, choice of law, and covenants not to compete, may not be enforceable under California law. The addendum also states that franchisees cannot waive claims under state franchise law or disclaim reliance on statements made by the franchisor. These provisions demonstrate California's commitment to safeguarding the rights of franchisees operating within the state.

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.