Which Rhode Island department handles securities divisions related to Crab N Spice?
Crab_N_Spice Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | State Administrator | Agent for Service of Process (if different from State Administrator) |
|---|---|---|
| Rhode Island | Department of Business | |
| Regulation | ||
| Securities Division | ||
| 1511 Pontiac Avenue | ||
| Building 68-2 | ||
| Cranston, RI | ||
| 02920-4407 | ||
| (401) 462-9527 |
Source: Item 23 — RECEIPTS (FDD pages 51–119)
What This Means (2024 FDD)
According to Crab N Spice's 2024 Franchise Disclosure Document, the Department of Business Regulation handles securities divisions in Rhode Island. Specifically, the Securities Division is located at 1511 Pontiac Avenue, Building 68-2, Cranston, RI 02920-4407, and can be contacted at (401) 462-9527.
This information is relevant for prospective Crab N Spice franchisees in Rhode Island because it identifies the specific state agency to contact regarding securities-related matters. This could include inquiries about franchise registration, compliance, or potential violations of state law. Franchisees should keep this contact information handy during their due diligence and throughout their operation of the franchise.
Knowing the correct state agency ensures that franchisees can report any concerns or seek clarification on legal and regulatory matters related to their Crab N Spice franchise. This proactive approach can help franchisees stay compliant and avoid potential legal issues.