What Minnesota statutes and rules are recognized in the Dryer Vent Squad Franchise Agreement amendment?
Dryer_Vent_Squad Franchise · 2024 FDDAnswer from 2024 FDD Document
In recognition of the requirements of the Minnesota Statutes, Chapter 80C. and Minnesota Franchise Rules, Chapter 2860, the parties to the attached DVS Holdings, Inc. Franchise Agreement (the "Franchise Agreement"), as follows:
- Article 14.C. of the Franchise Agreement, under the heading "Conditions for Approval of Transfer," subarticle 14.C.(6) is supplemented with the addition of the following language:
; provided, however, that all rights enjoyed by Franchisee and any causes of action arising in Franchisee's favor from the provisions of the Minnesota Franchise Act, Minn. Stat. Section 80C.14 et seq. and Minnesota Rules 2860.4400(D), shall remain in force; it being the intent of this provision that the non-waiver provisions of the Minnesota Rules 2860.4400(D) be satisfied; and
Minnesota law provides a franchisee with certain termination and non-renewal rights. Minn. Stat. Sect. 80C.14 Subdivisions 3, 4, and 5 require, except in certain specified cases, that franchisee be given 180 days-notice of nonrenewal of this Agreement by Franchisor.
Source: Item 23 — RECEIPTS (FDD pages 51–207)
What This Means (2024 FDD)
According to the 2024 Dryer Vent Squad Franchise Disclosure Document, the Minnesota Franchise Agreement Amendment recognizes specific Minnesota statutes and rules. The amendment acknowledges the requirements of Minnesota Statutes, Chapter 80C, and Minnesota Franchise Rules, Chapter 2860.
Specifically, the amendment ensures that all rights and causes of action arising in favor of the franchisee under the Minnesota Franchise Act, Minn. Stat. Section 80C.14 et seq., and Minnesota Rules 2860.4400(D), remain in force. This provision is intended to satisfy the non-waiver provisions of Minnesota Rules 2860.4400(D), protecting the franchisee's rights under these laws.
Additionally, Minnesota law provides franchisees with certain termination and non-renewal rights. Minn. Stat. Sect. 80C.14 Subdivisions 3, 4, and 5 require that, except in certain specified cases, Dryer Vent Squad must provide the franchisee with 180 days' notice of nonrenewal of the Franchise Agreement.