Which Indiana department oversees securities related to Fat Shack?
Fat_Shack Franchise · 2025 FDDAnswer from 2025 FDD Document
t Shack Inc. Franchise Disclosure Document for the states noted below.
INDIANA
The following modifications are made to the Disclosure Document only to the extent required by the Indiana Franchises Act, IND. CODE § 23-2-2.5, and the Indiana Deceptive Franchise Practices Act, IND. CODE § 23-2-2.7:
- The following statement is added to Item 12:
Indiana law prohibits us from establishing a franchisor-owned outlet engaged in a substantially identical business within your exclusive territory, or if no exclusive territory is designated, that competes unfairly with you within a reasonable area.
Source: Item 23 — Receipts (FDD pages 53–223)
What This Means (2025 FDD)
According to the 2025 Fat Shack Franchise Disclosure Document, the Indiana Franchises Act and the Indiana Deceptive Franchise Practices Act govern the offer and sale of franchises in Indiana. However, the specific Indiana department that oversees securities related to Fat Shack is not explicitly mentioned in this document.
While the FDD does not name the specific department, it does state that disputes related to a violation of the Indiana Franchises Act or the Indiana Deceptive Franchise Practices Act shall be governed by those laws. This implies that there is a state body responsible for enforcing these laws and handling related securities matters.
A prospective Fat Shack franchisee in Indiana should directly confirm with Fat Shack which specific Indiana department handles franchise securities and regulatory oversight. This information is crucial for ensuring compliance with state laws and understanding the regulatory landscape for franchise operations in Indiana.