What is the address for the South Dakota Division of Insurance Securities Regulation concerning Desi District?
Desi_District Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | State Administrator | Agent for Service of Process (if different from State Administrator) |
|---|---|---|
| South Dakota | Division of Insurance Securities Regulation 124 South Euclid Suite 104 Pierre, SD 57501-3185 (605) 773-3563 |
Source: Item 23 — RECEIPTS (FDD pages 52–140)
What This Means (2024 FDD)
According to Desi District's 2024 Franchise Disclosure Document, the South Dakota Division of Insurance Securities Regulation is located at 124 South Euclid, Suite 104, Pierre, SD 57501-3185. The phone number is (605) 773-3563.
This information is crucial for prospective Desi District franchisees in South Dakota because it identifies the specific state agency responsible for overseeing franchise matters. Franchisees can contact this division to report any violations of federal or state law, such as the failure to provide the FDD on time or if it contains false or misleading statements.
It is standard practice for franchise agreements to be registered or filed with state agencies in states that have franchise laws. This ensures regulatory oversight and provides a mechanism for franchisees to report concerns or violations. Knowing the correct contact information for these agencies is an important part of a franchisee's due diligence process.