Under what condition are the additional disclosures in the Cool Binz Franchise Disclosure Document effective in Indiana?
Cool_Binz Franchise · 2025 FDDAnswer from 2025 FDD Document
- a. The states in which a registration is effective, in which we are relying on an exception, or where an offering has been filed:
California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin.
Source: Item 23 — RECEIPTS (FDD pages 63–238)
What This Means (2025 FDD)
According to Cool Binz's 2025 Franchise Disclosure Document, the additional disclosures are effective in Indiana when a registration is effective, the company is relying on an exception, or when an offering has been filed. Cool Binz franchise can be offered in Indiana if the company has an effective registration, is operating under an exception to registration requirements, or has filed an offering in the state.
For a prospective Cool Binz franchisee in Indiana, this means that Cool Binz has taken the necessary steps to legally offer and sell franchises in the state. It confirms that Cool Binz is either registered, exempt, or has a filing in place with Indiana authorities, allowing them to operate within the state's franchise regulations.
It is important for potential franchisees to verify the current registration or filing status with Indiana authorities to ensure compliance and to understand any specific conditions or requirements that may apply to the franchise offering in that state.