Who is the Agent for Service of Process in New York for Exit?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | State Administrator | Agent for Service of Process |
|---|---|---|
| New York | New York State Department of Law, Investor Protection Bureau 28 Liberty St. 21st Fl New York, NY 10005 212-416-8222 | Secretary of State 99 Washington Avenue Albany, NY 12231 |
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, the Agent for Service of Process in New York is the Secretary of State, located at 99 Washington Avenue, Albany, NY 12231. This information is crucial for legal purposes, as it specifies who is authorized to receive legal notices on behalf of Exit in the state of New York.
Having a designated agent for service of process ensures that there is a clear and reliable point of contact for legal and official correspondence. This is a standard requirement for businesses operating in a particular jurisdiction, as it streamlines the process of serving legal documents. For a prospective Exit franchisee in New York, this means that any legal matters involving the franchise may be initiated by serving the Secretary of State at the specified address.
It is important for potential franchisees to understand these details, as they outline the legal framework within which the franchise operates. Knowing the designated agent for service of process can be vital in the event of legal issues or disputes. This information is typically included in the FDD to provide transparency and ensure that franchisees are aware of the necessary legal contacts and procedures.