What is the statute of limitations for bringing a claim under the Maryland Franchise Registration and Disclosure Law related to a Jersey Mikes franchise?

According to the 2025 Jersey Mikes Franchise Disclosure Document, any claims arising under the Maryland Franchise Registration and Disclosure Law must be brought within 3 years after the grant of the franchise. This amendment ensures that franchisees have a defined period to bring legal action related to franchise law violations. This modification is a requirement of the Maryland Securities Division to ensure consistency with Maryland law.

This means a Jersey Mikes franchisee in Maryland has three years from the date they are granted the franchise to file a claim under the Maryland Franchise Registration and Disclosure Law. This timeframe is crucial for franchisees to be aware of, as failing to bring a claim within this period could result in the claim being time-barred.

Jersey Mikes also cannot require franchisees to waive their rights or release the company from liability regarding claims under the Maryland Franchise Registration and Disclosure Law. This protection ensures that franchisees are not forced into unfair agreements that limit their legal recourse. The FDD states that any such releases shall exclude claims arising under the Maryland Franchise Registration and Disclosure Law, and such acknowledgments shall be void with respect to claims under the Law.