factual

What does Floyds 99 authorize the state agencies identified on Exhibit A to do?

Floyds_99 Franchise · 2025 FDD

Answer from 2025 FDD Document

Floyd's 99 Franchising authorizes the respective state agencies identified on Exhibit A to receive service of process for it in the particular state.

Source: Item 23 — RECEIPT (FDD pages 58–229)

What This Means (2025 FDD)

According to the 2025 Floyds 99 Franchise Disclosure Document, Floyds 99 Franchising, LLC authorizes the respective state agencies identified on Exhibit A to receive service of process for it in the particular state. This means that if someone needs to legally serve Floyds 99 with a lawsuit or other legal notice in a specific state, they can deliver it to the state agency listed in Exhibit A for that state, and this will be considered valid service on Floyds 99.

This authorization simplifies the legal process for franchisees or others who may need to take legal action against Floyds 99. Instead of having to track down Floyds 99's registered agent or corporate headquarters, they can serve the appropriate state agency, which then forwards the legal documents to Floyds 99. This ensures that Floyds 99 receives official notification of any legal proceedings.

Exhibit A is a critical document for prospective franchisees as it provides contact information for state agencies that can assist with franchise-related issues or receive legal notices. Franchisees should keep this exhibit readily accessible in case they need to contact these agencies for any reason during the term of their franchise agreement.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.