What is the statute of limitations for claims arising under the Maryland Franchise Registration and Disclosure Law related to a Floyds 99 franchise?

According to the 2025 Floyds 99 Franchise Disclosure Document, claims arising under the Maryland Franchise Registration and Disclosure Law must be brought within three years after the grant of the franchise. This means that a franchisee operating in Maryland has a limited time frame to file a lawsuit based on violations of Maryland's franchise laws.

This three-year statute of limitations has significant implications for prospective Floyds 99 franchisees in Maryland. It is crucial to be aware of this deadline and to consult with an attorney promptly if any issues arise that could lead to a legal claim. Failing to act within this three-year period could result in the franchisee losing their right to sue for damages or other remedies under the Maryland Franchise Registration and Disclosure Law.

Many states have franchise laws to protect franchisees from unfair practices by franchisors. These laws often include provisions for registration and disclosure, as well as remedies for violations. The statute of limitations sets a deadline for filing claims under these laws, balancing the need to provide franchisees with legal recourse against the principle of resolving disputes in a timely manner. Floyds 99 franchisees should keep this in mind if they plan to operate in Maryland.