What is the maximum service charge Face Foundrie can impose for NSF checks in Minnesota?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
l or waive your rights to any procedure, forum, or remedies provided for by the laws of the
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION OF THE FRANCHISE RELATIONSHIP (FDD pages 51–59)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, Minnesota law limits the service charge for NSF checks to $30. This means that if a Face Foundrie franchisee in Minnesota receives a check that is returned for insufficient funds, the maximum fee they can charge the customer is $30.
This regulation is in place to protect consumers from excessive fees. Franchisees operating in Minnesota must adhere to this limit, as exceeding it would be a violation of state law. This is a straightforward rule that helps ensure fair practices in financial transactions within the franchise.
Prospective Face Foundrie franchisees in Minnesota should be aware of this regulation to avoid any potential legal issues and to maintain good customer relations. Understanding and complying with such state-specific laws is a crucial aspect of operating a franchise successfully.