Which states with franchise laws require the Cream Franchise Disclosure Document to be registered or filed, or be exempt from registration?
Cream Franchise · 2025 FDDAnswer from 2025 FDD Document
The following states have franchise laws that require that the Franchise Disclosure Document be registered or filed with the state, or be exempt from registration: 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 61–192)
What This Means (2025 FDD)
According to the 2025 FDD, Cream must register or file its Franchise Disclosure Document (FDD), or be exempt from registration, in the following states: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. This means that these states have franchise laws in place that require Cream to provide potential franchisees with specific information before they can invest in a franchise.
For a prospective Cream franchisee, this registration requirement ensures that they receive a standardized FDD containing essential details about the franchise system, such as fees, obligations, and financial performance. The registration process allows state regulators to review the FDD for compliance with state laws, offering an additional layer of protection for franchisees.
It is important to note that other states may also have laws regulating franchises under different statutes, such as business opportunity laws. Therefore, a prospective Cream franchisee should consult with a franchise attorney to ensure compliance with all applicable laws in their state.