How must the Limitations of Claims section comply with Minnesota Statutes for Fly To Fit?

According to Fly To Fit's 2024 Franchise Disclosure Document, the Limitations of Claims section within the franchise agreement must adhere to Minnesota Statutes, Section 80C.17, Subd. 5. To comply, the agreement is amended to explicitly state that "No action may be commenced pursuant to Minnesota Statutes, Section 80C.17 more than three years after the cause of action accrues."

In simpler terms, this means that a Fly To Fit franchisee in Minnesota has a three-year window from the date a cause of action arises to file a lawsuit under Minnesota Statutes, Section 80C.17. This provision ensures that the franchise agreement aligns with Minnesota law regarding the statute of limitations for legal claims.

This compliance measure protects the franchisee by ensuring they have a fair amount of time to address any legal issues that may arise. It also provides clarity and transparency in the franchise agreement, aligning it with Minnesota's specific legal requirements for franchise operations. Prospective franchisees should be aware of this three-year limitation when considering a Fly To Fit franchise in Minnesota.