Which states require the Checkersrallys Franchise Disclosure Document to be registered or filed?
Checkersrallys Franchise · 2025 FDDAnswer 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 92–384)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, certain states have franchise laws requiring the Franchise Disclosure Document (FDD) to be registered or filed with the state, or be exempt from registration. As of the effective date of the document, these states are California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin.
This registration or filing requirement means that Checkersrallys has taken specific steps to comply with these states' franchise laws before offering franchises within their borders. These laws are designed to protect prospective franchisees by ensuring they receive adequate information to make informed investment decisions. The FDD provides details about the franchise opportunity, including fees, obligations, and financial performance.
For a prospective Checkersrallys franchisee, this information is crucial. If you are considering opening a franchise in one of these states, you can be assured that Checkersrallys has met the state's requirements for franchise registration or filing. This provides a level of regulatory oversight and protection. Additionally, the FDD includes contact information for state agencies responsible for franchise regulation, allowing franchisees to report any concerns or violations.
It's also important to note that other states may have similar requirements under different laws, such as those regulating business opportunities or seller-assisted marketing plans. Therefore, it is advisable to consult with a franchise attorney to ensure full compliance with all applicable state laws before investing in a Checkersrallys franchise.