What is the effective date of the Maryland Rider for the Crown Gold Exchange franchise agreement?

According to the 2024 Franchise Disclosure Document, the Maryland Rider to the Crown Gold Exchange franchise agreement is effective as of the Effective Date. The rider serves to amend the franchise agreement between Goldmember, LLC (Crown Gold Franchising) and the franchisee.

The Maryland Rider includes specific provisions related to Maryland Franchise Law, addressing aspects such as releases, estoppels, waivers of liability, statutes of limitations, and jurisdiction. It ensures that the franchisee's rights under Maryland Franchise Law are protected.

The rider states that any provision in the agreement that requires the franchisee to waive liability or assent to a release is not intended to act as a waiver of liability under the Maryland Franchise Law. Additionally, the franchisee must bring any action under the Maryland Franchise Law within three years after the grant of the franchise, as per the Maryland Franchise Registration and Disclosure Law, Business Regulation Article, §14-227, Annotated Code of Maryland. The franchisee also retains the right to file a lawsuit alleging a cause of action arising under the Maryland Franchise Law in a competent court within Maryland.