Where can I find the states in which the Extreme Art Studio franchise registration is effective?
Extreme_Art_Studio Franchise · 2024 FDDAnswer from 2024 FDD Document
The status of the Franchisor's franchise registrations in the states which require registration is as follows:
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- States in which this proposed registration is effective are listed in Exhibit I of the FDD on the page entitled, "State Effective Dates".
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- States which have refused, by order or otherwise, to register these Franchises are:
None
- States which have revoked or suspended the right to offer the Franchises are:
None
- States in which the proposed registration of these Franchises has been withdrawn are:
None
Source: Item 23 — RECEIPTS (FDD pages 49–214)
What This Means (2024 FDD)
According to the 2024 Extreme Art Studio Franchise Disclosure Document, the states in which the proposed franchise registration is effective are listed in Exhibit I of the FDD on the page entitled "State Effective Dates". It is important to note that certain states have franchise laws that require the Franchise Disclosure Document to be registered or filed with the state, or be exempt from registration. These states include California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin.
Exhibit E contains state addenda and agreement riders that may modify the FDD, Franchise Agreement, and other related documents to comply with specific state laws. These addenda may supersede certain portions of the Franchise Agreement to the extent required by applicable state law. For instance, there are specific addenda for states like Washington, which addresses potential conflicts with the Washington Franchise Investment Protection Act, and Hawaii, which includes specific warnings and disclosures required by Hawaiian law.
Prospective franchisees should carefully review Exhibit I and any state-specific addenda to understand the registration status and any modifications to the franchise agreement in their state. Additionally, it is crucial to consult with a legal professional to ensure full compliance with all applicable state laws and regulations before investing in an Extreme Art Studio franchise.