As of what date is the Checkers Franchise Disclosure Document effective in Michigan?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
Title: Title:
A Delaware Corporation
CHECKERS DRIVE-IN RESTAURANTS, INC. FRANCHISEE By: By:
Checkers/Rally's April 2025
State Effective Dates
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.
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:
Source: Item 23 — RECEIPTS (FDD pages 92–384)
What This Means (2025 FDD)
According to the 2025 Checkers Franchise Disclosure Document, the document is effective and may be used in states where it is filed, registered, or exempt from registration. The FDD includes a specific addendum for the state of Michigan, indicating that Checkers franchises in Michigan are subject to certain state-specific regulations.
Item 23 Receipt language indicates that Michigan law requires Checkers to provide the Franchise Disclosure Document to prospective franchisees at least 10 business days before they sign a binding agreement or make a payment. This is sooner than the 14 calendar days required by federal law, highlighting the importance of adhering to Michigan's specific regulations.
The FDD also includes contact information for the State of Michigan Department of Attorney General Consumer Protection Agency, which prospective franchisees can use to direct any questions regarding the franchise offering. This resource can be valuable for franchisees to ensure they are fully informed about their rights and obligations under Michigan law. The effective date for Michigan is listed as April 2025.