If I have a legal question about my Crown Gold Exchange franchise in Oregon, who should I contact?
Crown_Gold_Exchange Franchise · 2024 FDDAnswer from 2024 FDD Document
THE FACT THAT THERE IS A NOTICE OF THIS OFFERING ON FILE WITH THE ATTORNEY GENERAL DOES NOT CONSTITUTE APPROVAL, RECOMMENDATION, OR ENDORSEMENT BY THE ATTORNEY GENERAL.
Any questions regarding this notice should be directed to:
State of Michigan Department of Attorney General G. Mennen Williams Building, 7th Floor 525 W. Ottawa Street Lansing, Michigan 48909 Telephone Number: (517) 373 7117
MINNESOTA ADDENDUM TO DISCLOSURE DOCUMENT
No statement, questionnaire, or acknowledgement signed or agreed to by a franchisee in connection with the commencement of the franchise relationship shall have the effect of (i) waiving any claims under any applicable state franchise law, including, fraud in the inducement, or (ii) disclaiming reliance on any statement made by any franchisor, franchise seller, or other person acting on behalf of the franchisor. This provision supersedes any other term of any document executed with the franchise.
In the State of Minnesota only, this Disclosure Document is amended as follows:
• Minnesota Statutes, Section 80C.21 and Minnesota Rules 2860.4400(J) prohibit the franchisor from requiring litigation to be conducted outside Minnesota, requiring waiver of a jury trial, or requiring the franchisee to consent to liquidated damages, termination penalties or judgment notes. In addition, nothing in the Franchise Disclosure Document or agr
Source: Item 23 — RECEIPTS (FDD pages 39–114)
What This Means (2024 FDD)
The 2024 Franchise Disclosure Document for Crown Gold Exchange does not specify a contact for legal questions specific to Oregon. However, it does provide contact information for legal questions related to franchise offerings in Michigan and New York. For Michigan, any questions regarding the notice of the franchise offering should be directed to the State of Michigan Department of Attorney General. For New York, if you learn that anything in the Franchise Disclosure Document is untrue, contact the Federal Trade Commission and New York State Department of Law, Bureau of Investor Protection and Securities.
Item 23 includes state-specific addenda that address franchisee rights and legal considerations in California, Michigan, Minnesota, and New York. These addenda primarily focus on modifications to the franchise agreement to comply with state laws, including provisions related to waivers, termination, non-renewal, and dispute resolution. For example, the California addendum clarifies that certain provisions in the franchise agreement, such as those requiring franchisees to waive compliance with California law, are void and unenforceable.
Because the FDD does not provide specific legal contact information for Oregon, it is important for prospective franchisees to seek independent legal counsel in Oregon to understand their rights and obligations under Oregon law. Additionally, a prospective franchisee should contact Crown Gold Exchange directly to ask them who to contact with legal questions about their franchise in Oregon.