Is the Cilantro Taco Grill Franchise Disclosure Document registered in Hawaii?
Cilantro_Taco_Grill Franchise · 2024 FDDAnswer from 2024 FDD Document
HAWAII DISCLAIMER
THESE FRANCHISES WILL BE/HAVE BEEN FILED UNDER THE FRANCHISE INVESTMENT LAW OF THE STATE OF HAWAII. FILING DOES NOT CONSTITUTE APPROVAL, RECOMMENDATION OR ENDORSEMENT BY THE DIRECTOR OF COMMERCE AND CONSUMER AFFAIRS OR A FINDING BY THE DIRECTOR OF COMMERCE AND CONSUMER AFFAIRS THAT THE INFORMATION PROVIDED HEREIN IS TRUE, COMPLETE AND NOT MISLEADING.
THE FRANCHISE INVESTMENT LAW MAKES IT UNLAWFUL TO OFFER OR SELL ANY FRANCHISE IN THIS STATE WITHOUT FIRST PROVIDING TO THE PROSPECTIVE FRANCHISEE, OR SUBFRANCHISOR, AT LEAST SEVEN DAYS BEFORE THE EXECUTION BY THE PROSPECTIVE FRANCHISEE, OF ANY BINDING FRANCHISE OR OTHER AGREEMENT, OR AT LEAST SEVEN DAYS BEFORE THE PAYMENT OF ANY CONSIDERATION BY THE FRANCHISEE, OR SUBFRANCHISOR, WHICHEVER OCCURS FIRST, A COPY OF THE FRANCHISE DISCLOSURE DOCUMENT, TOGETHER WITH A COPY OF ALL PROPOSED AGREEMENTS RELATING TO THE SALE OF THE FRANCHISE.
THIS DISCLOSURE DOCUMENT CONTAINS A SUMMARY ONLY OF CERTAIN MATERIAL PROVISIONS OF THE FRANCHISE AGREEMENT. THE CONTRACT OR AGREEMENT SHOULD BE REFERRED TO FOR A STATEMENT OF ALL RIGHTS, CONDITIONS, RESTRICTIONS AND OBLIGATIONS OF BOTH THE FRANCHISOR AND THE FRANCHISEE.
Registered agent in the state authorized to receive service of process: Commissioner of Securities, Department of Commerce and Consumer Affairs, Business Registration Division, 335 Merchant Street, Honolulu, Hawaii 96813
Source: Item 23 — RECEIPT (FDD pages 52–208)
What This Means (2024 FDD)
Yes, according to the 2024 Cilantro Taco Grill Franchise Disclosure Document, the franchise is filed under the Franchise Investment Law of the State of Hawaii. The document includes a specific disclaimer related to Hawaii franchise law.
The disclaimer clarifies that the filing of the franchise in Hawaii does not constitute approval, recommendation, or endorsement by the Director of Commerce and Consumer Affairs. It also states that the Director does not guarantee the truthfulness, completeness, or non-misleading nature of the information provided in the FDD.
Furthermore, the disclaimer outlines the legal requirement to provide a prospective franchisee with the Franchise Disclosure Document at least seven days before the execution of any binding agreement or the payment of any consideration. The registered agent in Hawaii authorized to receive service of process is the Commissioner of Securities, Department of Commerce and Consumer Affairs, Business Registration Division, located in Honolulu.