What is the issuance date of this Christian Brothers Automotive Disclosure Document?
Christian_Brothers_Automotive Franchise · 2025 FDDAnswer from 2025 FDD Document
Issuance Date: April 14, 2025.
Source: Item 22 — CONTRACTS (FDD page 76)
What This Means (2025 FDD)
According to Christian Brothers Automotive's 2025 Franchise Disclosure Document, the issuance date is April 14, 2025. This date is crucial because it marks when the disclosure document is considered current and valid.
Christian Brothers Automotive is legally obligated to provide this document to prospective franchisees at least 14 calendar days before they sign any binding agreement or make any payment related to the franchise. This waiting period allows potential franchisees to thoroughly review the document and seek professional advice.
It's important to note that some states, like New York, Rhode Island, and Michigan, have specific regulations requiring the disclosure document to be provided even earlier—either at the first personal meeting or ten business days before signing or payment. If Christian Brothers Automotive fails to deliver the disclosure document on time or if the document contains false, misleading, or incomplete information, it could be a violation of federal and state laws, which should be reported to the Federal Trade Commission and the relevant state agency.