table_specific

Who is the State Administrator for Illinois regarding Cr3 American Exteriors?

Cr3_American_Exteriors Franchise · 2025 FDD

Answer from 2025 FDD Document

As to franchises governed by the Illinois Franchise Disclosure Act, if any of the terms of the Disclosure Document are inconsistent with the terms below, the terms below control.

Illinois law governs the Franchise Agreement.

  • a In conformance with Section 4 of the Illinois Franchise Disclosure Act, any provision in a franchise agreement that designates jurisdiction and venue in a forum outside of the State of Illinois is void. However, a franchise agreement may provide for arbitration to take place outside of Illinois.
  • b The conditions under which your Franchise Agreement can be terminated and your rights upon nonrenewal may be affected by Sections 19 and 20 of the Illinois Franchise Disclosure Act.
  • c In conformance with Section 41 of the Illinois Franchise Disclosure Act, any condition, stipulation, or provision of the Franchise Agreement purporting to bind you to waive compliance with any provision of the Illinois Franchise Disclosure Act or any other law of the State of Illinois is void.

Item 5 of the FDD and Item 4 of the Franchise Agreement are modified with the addition of the following language:

"Payment of the Initial Fees will be deferred until Franchisor has met its obligations to franchisee, and franchisee has commenced doing business. This financial assurance requirement was imposed by the Office of the Illinois Attorney General due to Franchisor's financial condition."

Source: Item 23 — RECEIPTS (FDD pages 53–150)

What This Means (2025 FDD)

The 2025 Franchise Disclosure Document for Cr3 American Exteriors refers to the Illinois Franchise Disclosure Act and mentions the Office of the Illinois Attorney General. However, it does not explicitly name a specific State Administrator.

For prospective Cr3 American Exteriors franchisees in Illinois, it's important to understand the implications of the Illinois Franchise Disclosure Act. The FDD notes that certain provisions, such as those related to jurisdiction, venue, termination, and non-renewal, are subject to Illinois law. Additionally, any attempt to waive compliance with Illinois law within the franchise agreement is void.

Furthermore, the document states that the payment of initial fees may be deferred until Cr3 American Exteriors has met its obligations and the franchisee has commenced business, a requirement imposed by the Office of the Illinois Attorney General due to Cr3 American Exteriors's financial condition. This could be a beneficial term for franchisees, reducing their upfront financial risk. To obtain the name of the State Administrator, a prospective franchisee should contact the Illinois Attorney General's office directly.

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.