In Minnesota, what is the statute of limitations for actions commenced against Chocolate Fish Coffee?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
The Limitations of Claims section must comply with Minnesota Statutes, Section 80C.17, Subd. 5, and therefore the applicable provision of the Agreement is amended to state "No action may be commenced pursuant to Minnesota Statutes, Section 80C.17 more than three years after the cause of action accrues."
Source: Item 23 — RECEIPTS (FDD pages 41–119)
What This Means (2024 FDD)
According to the 2024 Chocolate Fish Coffee Franchise Disclosure Document, the statute of limitations for actions commenced against Chocolate Fish Coffee in Minnesota is three years. Specifically, the Minnesota Rider to the Franchise and Multi-Unit Development Agreement states that no action may be commenced pursuant to Minnesota Statutes, Section 80C.17, more than three years after the cause of action accrues.
This means that a franchisee in Minnesota has three years from the date the cause of action arises to bring a claim against Chocolate Fish Coffee under Minnesota Statutes, Section 80C.17. This limitation is designed to provide a reasonable timeframe for franchisees to identify and pursue legal claims, while also protecting Chocolate Fish Coffee from facing stale or untimely lawsuits.
It is important for prospective franchisees in Minnesota to be aware of this three-year statute of limitations and to consult with an attorney if they believe they have a claim against Chocolate Fish Coffee. Failure to bring an action within this timeframe could result in the claim being barred.