What is the effective date for the Crisp & Green franchise in South Dakota?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
The following states 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 66–252)
What This Means (2024 FDD)
I am unable to provide the effective date for the Crisp & Green franchise in South Dakota, according to the 2024 Franchise Disclosure Document. While the document mentions that the following states 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, the excerpt does not list the specific effective date for South Dakota.
However, the FDD includes an addendum specific to South Dakota, indicating that the franchise is registered or on file in the state. This addendum modifies certain aspects of the standard franchise agreement to comply with South Dakota law. These modifications cover areas such as arbitration proceedings, termination notice, covenants not to compete, governing law, jurisdiction, and damages.
A prospective Crisp & Green franchisee should directly contact the franchisor to obtain the precise effective date for franchise operations in South Dakota. This date is crucial for understanding when the franchisee can legally begin operating under the Crisp & Green brand in South Dakota.