factual

Who is the agent for Cool Binz franchise information at the Minnesota Commissioner of Commerce?

Cool_Binz Franchise · 2025 FDD

Answer from 2025 FDD Document

In recognition of the requirements of the Minnesota Franchises Law, Minn. Stat. 80C.01 through 80C.22, and the Rules and Regulations promulgated thereunder by the Minnesota Commissioner of Commerce, Minn. Rule 2860.0100 through 2860.9930, the parties to the attached Cool Binz International, LLC Franchise Agreement (the "Agreement") agree as follows:

Background. We and you are parties to that certain Franchise Agreement that has been executed concurrently with the execution of this Rider (the "Franchise Agreement"). This Rider is annexed to and forms part of the Agreement.

This Rider is being executed because (a) the offer or sale of the franchise for the COOL BINZ franchise you will operate under the Agreement was made in the State of Minnesota and you will operate the Franchise in the State of Minnesota and/or (b) you are a resident of the State of Minnesota.

Marks. The following language is added at the end of Section 4 of the Agreement:

Pursuant to Minnesota Stat. Sec. 80C.12, Subd. 1(g), we are required to protect any rights that you have to use our proprietary rights, including your right to use the trademarks, service marks, trade names, logotypes or other commercial symbols and indemnify the franchisee from any loss, costs, or expenses arising out of any claim, suite or demand regarding the use of the name.

Termination by Franchisor. The following language is added to Section 12.B of the Agreement:

With respect to franchises governed by Minnesota law, the franchisor will comply with Minn. Stat. Sec. 80C.14, Subds. 3, 4, and 5 which require, except in certain specified cases, that (i) a franchisee be given 90 days' notice of termination (with 60 days to cure) and 180 days' notice of non-renewal of the franchise agreement, and that (ii) consent to the transfer of the franchise will not be unreasonable withheld. The franchisor will comply with Minnesota law in this respect in its performance of the franchise agreement and any ancillary agreements.

Waiver of Punitive Damages and Jury Trial. The following is added to Section 15.I, of the Agreement:

Minn. Rule 2860.4400J. prohibits the waiver of a jury trial.

Source: Item 23 — RECEIPTS (FDD pages 63–238)

What This Means (2025 FDD)

The 2025 Cool Binz Franchise Disclosure Document (FDD) refers to the Minnesota Commissioner of Commerce in relation to the Minnesota Franchises Law, specifically Minn. Stat. 80C.01 through 80C.22, and the associated rules and regulations. This law governs the offer and sale of franchises within Minnesota, and Cool Binz must comply with it when offering franchises in the state or to Minnesota residents. The FDD also mentions that Cool Binz must protect the franchisee's right to use their proprietary rights, including trademarks, and indemnify them from any claims related to the use of the name, as per Minnesota Statute Sec. 80C.12, Subd. 1(g). Additionally, Cool Binz must provide specific notices regarding termination and non-renewal of the franchise agreement, as required by Minn. Stat. Sec. 80C.14, Subds. 3, 4, and 5. The FDD also states that Minn. Rule 2860.4400J. prohibits the waiver of a jury trial. However, the document does not explicitly state who the agent is for Cool Binz franchise information at the Minnesota Commissioner of Commerce.

While the FDD mentions the Minnesota Commissioner of Commerce and cites specific Minnesota statutes and rules related to franchising, it does not directly identify an individual or entity serving as Cool Binz's agent for franchise information at the Minnesota Commissioner of Commerce. The FDD includes Exhibit A, which lists various agreements and documents, and Exhibit C, which is supposed to list state administrators/agents for service of process.

To determine who the agent for Cool Binz franchise information is at the Minnesota Commissioner of Commerce, a prospective franchisee should refer to Exhibit C within the FDD. If the information is not present in Exhibit C, the prospective franchisee should directly contact Cool Binz or the Minnesota Commissioner of Commerce for clarification.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.