What is the relationship between Chapter 80C and the Minnesota Commission of Securities regarding City Publications franchises?
City_Publications Franchise · 2025 FDDAnswer from 2025 FDD Document
curities Commissioner has required a financial assurance. Therefore, all initial fees and payments owed by franchisees shall be deferred until we complete our pre-opening obligations under the franchise agreement. IN WITNESS WHEREOF, each of the undersigned hereby acknowledges having read this Amendment, and understands and consents to be bound by all of its terms. CITY PUBLICATIONS FRANCHISE GROUP, INC.:
FOR THE STATE OF MINNESOTA
| PUBLICATIONS FRANCHISE GROUP, INC. and to a solution of the Minnesota Franchise Law, Minn. Stat 80C.22, and the Rules and Regulations promulgated pursuant thereto by the Minnesota Rule 2860.4400, et. seq., the parties to the attached Franchise Agreement shall be ame franchises governed by Minnesota Law, the Franchisor versual Franchise Law which requires, except in certain specified can days notice of termination (with 60 days to cure) and 180 days notice of termination (with Franchise Agreement do not sections 5B.10 and 20B.2 of the Franchise Agreement do not sections 5B.10 and 20B.2 of the Franchise Agreement do not sections 5B.10 and 20B.2 of the Franchise Agreement do not sections 5B.10 and 20B.2 of the Franchise Agreement do not sections 5B.10 and 20B.2 of the Franchise Agreement do not sections 5B.10 and 20B.2 of the Franchise Agreement do not sections 5B.10 and 20B.2 of the Franchise Agreement do not sections 5B.10 and 20B.2 of the Franchise Agreement do not sections 5B.10 and 20B.2 of the Franchise Agreement do not section the section of the first three days are sections 5B.10 and 20B.2 of the Franchise Agreement do not section the first three days are sections 5B.10 and 20B.2 of the Franchise Agreement do not section three days are sections 5B.10 and 20B.2 of the Franchise Agreement do not section three days are sections as a section three days are sections as a section three days are sections as a section three days are sections as a section three days are sections as a section three days are sections as a section three days are sections as a section three days are section to the section three days are section to the section three days are section to the section three days are section three days are section to the section three days are section to the section three days are section to the section three days are section to the section three days are section to the section three days are section to the section three days are section to the section three days are section to the section three days are se | t., Chapter 80C, Sections 80C.01 through the Minnesota Commission of Securities, ment agree as follows: \nended to add that with respect to will comply with the Minnesota ses, that a Franchisee be given 90 days notice of non-renewal of the the provide for a prospective general to the Minnesota Franchise Law. |
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ne Minnesota Commission of Securities, ment agree as follows: \nended to add that with respect to will comply with the Minnesota ses, that a Franchisee be given 90 lays notice of non-renewal of the trovide for a prospective general to the Minnesota Franchise Law. |
| franchises governed by Minnesota Law, the Franchisor version of Franchise Law which requires, except in certain specified can days notice of termination (with 60 days to cure) and 180 days regreement. Sections 5B.10 and 20B.2 of the Franchise Agreement do not | will comply with the Minnesota ses, that a Franchisee be given 90 lays notice of non-renewal of the provide for a prospective general to the Minnesota Franchise Law. to the Minnesota Franchise Law. |
| release of claims against Franchisor which may be subject Minn. Rule 2860.4400D prohibits a franchisor from requiring release. |
Source: Item 23 — RECEIPT (FDD pages 39–129)
What This Means (2025 FDD)
According to the 2025 FDD, Chapter 80C of Minnesota Statutes and the Minnesota Commission of Securities are related to City Publications franchises in that the franchise agreement is intended to comply with Minnesota Statute 80C.22 and the rules and regulations promulgated by the Minnesota Rule 2860.4400. The agreement is amended to ensure compliance with Minnesota law. This includes giving a franchisee 90 days' notice of non-renewal and ensuring that certain sections of the agreement do not violate the Minnesota Franchise Law.
Specifically, the amendment addresses concerns related to termination notices, non-renewal notices, and general releases to ensure they align with Minnesota law. The Minnesota Commission of Securities oversees these regulations to protect franchisees' rights within the state.
For a prospective City Publications franchisee in Minnesota, this means the franchise agreement has been modified to comply with Minnesota franchise law, offering additional protections. These protections include specific notice periods for termination and non-renewal, and restrictions on requiring franchisees to sign general releases that could waive their rights under Minnesota law. Franchisees should carefully review the addendum to understand how the standard franchise agreement is modified to comply with Minnesota law.