What is the Annex to Executive Order 13244, and how does it relate to a Dryer Vent Squad franchise?
Dryer_Vent_Squad Franchise · 2024 FDDAnswer from 2024 FDD Document
- (6) Franchisee shall comply with, and cause Franchisee's Owners to comply with and/or to assist Franchisor, to the fullest extent possible, in Franchisor's efforts to comply with Anti-Terrorism Laws (as defined below).
In connection with such compliance, Franchisee and each Owner certify, represent, and warrant that Franchisee's or any Owner's property or interests is not subject to being "blocked" under any of the Anti-Terrorism Laws, and Franchisee and each Owner are not otherwise in violation of any of the Anti-Terrorism Laws.
Franchisee further certifies that Franchisee and
Source: Item 23 — RECEIPTS (FDD pages 51–207)
What This Means (2024 FDD)
Based on the 2024 Dryer Vent Squad Franchise Disclosure Document, there is a reference to compliance with Anti-Terrorism Laws. Specifically, franchisees must comply with these laws and assist Dryer Vent Squad in its compliance efforts. Franchisees must certify that their property and interests are not subject to being "blocked" under any Anti-Terrorism Laws and that they are not in violation of these laws.
Executive Order 13224, not 13244 as the question states, is mentioned in the FDD under the definition of Anti-Terrorism Laws. Anti-Terrorism Laws include the Patriot Act, Executive Order 13224, and other related laws. Executive Order 13224 blocks property and prohibits transactions with persons who commit, threaten to commit, or support terrorism.
For a prospective Dryer Vent Squad franchisee, this means undergoing scrutiny to ensure they are not in violation of any anti-terrorism laws. This could involve providing documentation or assurances to Dryer Vent Squad. Failure to comply with these laws could have serious legal and financial repercussions for the franchisee and the Dryer Vent Squad franchise system.