What is the issuance date of the Cool Binz Franchise Disclosure Document?
Cool_Binz Franchise · 2025 FDDAnswer from 2025 FDD Document
Issuance Date: March 28, 2025
Source: Item 23 — RECEIPTS (FDD pages 63–238)
What This Means (2025 FDD)
According to the 2025 Cool Binz Franchise Disclosure Document, the issuance date is March 28, 2025. This date is crucial because it signifies the currency and validity of the information presented in the document.
Cool Binz is legally obligated to provide prospective franchisees with a current FDD, and the issuance date helps ensure that the document reflects the most up-to-date information available at the time of disclosure. Franchise laws typically require that the FDD be delivered to potential franchisees at least 14 calendar days before they sign any binding agreement or make any payment to Cool Binz. Some states, like New York and Michigan, have specific timelines related to the first personal meeting or execution of agreements.
The FDD issuance date is important for compliance and transparency. If Cool Binz fails to deliver the FDD on time or if the document contains false, misleading, or omits material information, it could be a violation of federal and state laws. This should be reported to the Federal Trade Commission and the appropriate state agency. The franchisee also acknowledges receipt of the FDD with the issuance date of March 28, 2025, and a list of included exhibits.