Which department in Rhode Island handles Fly To Fit securities?
Fly_To_Fit Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | State Administrator | Agent for Service of Process (if different from State Administrator) |
|---|---|---|
| Rhode Island | Department of Business Regulation Securities Division 1511 Pontiac Avenue John O. Pastore Complex–69-1 Cranston, RI 02920-4407 (401) 462-9527 |
Source: Item 23 — RECEIPTS (FDD pages 44–134)
What This Means (2024 FDD)
According to Fly To Fit's 2024 Franchise Disclosure Document, the Department of Business Regulation Securities Division in Rhode Island handles securities. The address is 1511 Pontiac Avenue, John O. Pastore Complex–69-1, Cranston, RI 02920-4407, and the phone number is (401) 462-9527.
This information is crucial for prospective Fly To Fit franchisees in Rhode Island because it identifies the specific state agency responsible for overseeing franchise-related securities matters. If a franchisee has concerns or needs to report potential violations related to the franchise offering, they should contact this division.
It is common for franchise FDDs to list the specific state agencies that regulate franchise offerings, as franchise sales often involve the sale of securities. This ensures transparency and provides franchisees with a clear point of contact for regulatory issues. Franchisees should always verify this information and directly contact the relevant agency if they have any questions or concerns.