For Deck Medic franchises in Hawaii, which department oversees securities and consumer affairs?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
The Receipt for this Disclosure Document (Exhibit "J") is supplemented to add the following:
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- THIS FRANCHISE WILL BE/HAVE BEEN FILED UNDER THE FRANCHISE INVESTMENT LAW OF THE STATE OF HAWAII. FILING DOES NOT CONSTITUTE APPROVAL, RECOMMENDATION OR ENDORSEMENT BY THE DIRECTOR OF COMMERCE AND CONSUMER AFFAIRS OR A FINDING BY THE DIRECTOR OF COMMERCE AND CONSUMER AFFAIRS THAT THE INFORMATION PROVIDED HEREIN IS TRUE, COMPLETE AND NOT MISLEADING.
Source: Item 23 — RECEIPTS (FDD pages 43–228)
What This Means (2024 FDD)
According to the 2024 Deck Medic Franchise Disclosure Document, the Director of Commerce and Consumer Affairs in Hawaii oversees franchise investment law. Specifically, the FDD states that the filing of the franchise does not constitute approval, recommendation, or endorsement by the Director of Commerce and Consumer Affairs. Nor does it represent a finding that the information provided in the document is true, complete, and not misleading.
This means that while Deck Medic is registered in Hawaii, the state's Department of Commerce and Consumer Affairs does not actively vouch for the franchise's viability or the accuracy of the information provided in the FDD. It is the responsibility of the prospective franchisee to conduct their own due diligence and seek professional advice before investing in a Deck Medic franchise.
This disclosure is a standard legal requirement in franchise agreements to ensure potential franchisees understand the limits of state oversight and to emphasize the importance of independent evaluation. Prospective Deck Medic franchisees in Hawaii should carefully review the FDD and consult with legal and financial advisors to make an informed decision.