factual

What is the full citation for the Maryland Franchise Law as it pertains to Fly To Fit franchises?

Fly_To_Fit Franchise · 2024 FDD

Answer from 2024 FDD Document

The "Maryland Franchise Law" means the Maryland Franchise Registration and Disclosure Law, Business Regulation Article, §14-206, Annotated Code of Maryland. 2. Releases, Estoppels and Waivers of Liability. All representations requiring prospective franchisees to assent to a release, estoppel or waiver of liability are not intended to nor shall they act as a release, estoppel or waiver of any liability incurred under the Maryland Franchise Law. 3. which provides for a period of Statute of Limitations. Any provision of the Agreement limitations for causes of action shall not apply to causes of action under the Maryland Franchise an action under such law within three years after the grant of the franchise. Law, Business Regulation Article, §14-227, Annotated Code of Maryland. Franchisee must bring 4. Jurisdiction. Franchisee does not waive its right Maryland. to file a lawsuit alleging a cause of action arising under the Maryland Franchise Law in any court of competent jurisdiction in the State of

Source: Item 23 — RECEIPTS (FDD pages 44–134)

What This Means (2024 FDD)

According to Fly To Fit's 2024 Franchise Disclosure Document, the Maryland Franchise Law is referenced within the Maryland Rider to the Franchise Agreement. Specifically, the "Maryland Franchise Law" is defined as the Maryland Franchise Registration and Disclosure Law, Business Regulation Article, §14-206, Annotated Code of Maryland. This citation is important for prospective franchisees in Maryland as it identifies the specific legal framework governing franchise relationships in that state.

Additionally, the FDD states that any provision of the agreement that includes limitations for causes of action shall not apply to causes of action under the Maryland Franchise Law, Business Regulation Article, §14-227, Annotated Code of Maryland. Franchisees operating in Maryland must bring an action under such law within three years after the grant of the franchise.

This means that certain clauses within the standard Fly To Fit franchise agreement may be superseded or interpreted differently in Maryland to comply with state law. It also means that franchisees do not waive their right to file a lawsuit alleging a cause of action arising under the Maryland Franchise Law in any court of competent jurisdiction in the State of Maryland. Prospective franchisees should carefully review the Maryland Rider in conjunction with the main franchise agreement to understand their rights and obligations under Maryland law.

Disclaimer: This information is extracted from the 2024 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.