Does the Cordova Franchise Disclosure Document end after Item 23?
Cordova Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 23: RECEIPTS]
Other states may require registration, filing, or exemption of a franchise under other laws, such as those that regulate the offer and sale of business opportunities or seller-assisted marketing plans.
Franchise Disclosure Document Exhibit J – Receipts
Cordova Franchising, LLC RECEIPT
This Disclosure Document summarizes certain provisions of the Franchise Agreement and other information in plain language. Read this Disclosure Document and all the agreements carefully.
If Cordova Franchising, LLC offers you a franchise, we must provide this Disclosure Document to you 14 calendar days before you sign a binding agreement with, or make a payment to, us or an affiliate of ours in connection with the proposed franchise sale.
New York and Rhode Island require that we give you this document at the earlier of the first personal meeting or 10 business days before the execution of the franchise or other agreements or the payment of any consideration that relates to the franchise relationship. Michigan requires that we give you this Disclosure Document at least 10 business days before the signing of any binding franchise or other agreement, or the payment of any consideration, whichever occurs first.
If Cordova Franchising, LLC does not deliver this Disclosure Document on time of if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and the applicable state administrator identified in Exhibit A of this Disclosure Document. We authorize the respective state agencies identified in Exhibit B of this Disclosure Document to receive service of process for us in the particular state.
The Issuance Date of this Disclosure Document is: May 30, 2025
The franchise sellers for this offering are:
Source: Item 23 — RECEIPTS (FDD pages 44–195)
What This Means (2025 FDD)
Based on the 2025 Cordova Franchise Disclosure Document excerpts, Item 23 pertains to the receipt of the document. The inclusion of exhibits and state-specific amendments after Item 23 indicates that the document does not conclude with Item 23.
Specifically, the excerpts mention exhibits such as Exhibit A (state administrators), Exhibit B (state agencies for service of process), Exhibit F (list of franchisees), Exhibit G (list of franchisees that have left the system), Exhibit H (state-specific addenda), and Exhibit J (receipts). These exhibits provide additional information and disclosures required by certain states or relevant to the franchise system.
Furthermore, amendments for states like California, Michigan, New York, North Dakota, and Illinois are included, suggesting that Cordova provides state-specific modifications to the standard franchise agreement and disclosures. These amendments address various aspects of franchise law and franchisee rights within those states. Therefore, a prospective franchisee should review the entire FDD and all exhibits and addenda to understand their rights and obligations fully.