factual

What does Business and Professions Code Section 20010 void regarding a Kidokinetics franchise?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

You must sign a general release of claims if you renew or transfer your Franchise. California Corporations Code Section 31512 voids a waiver of your rights under the Franchise Investment Law (California Corporations Code Sections 31000 through 31516). Business and Professions Code Section 20010 voids a waiver of your rights under the Franchise Relations Act (Business and Professions Code Sections 20000 through 20043).

Source: Item 23 — RECEIPT (FDD pages 59–205)

What This Means (2024 FDD)

According to Kidokinetics's 2024 Franchise Disclosure Document, specifically Item 23, California Business and Professions Code Section 20010 voids a waiver of a franchisee's rights under the Franchise Relations Act (Business and Professions Code Sections 20000 through 20043). This means that any attempt by Kidokinetics to have a franchisee waive their rights under this Act would be legally invalid in California.

This provision protects franchisees by ensuring they cannot unknowingly or unwillingly give up their legal protections under the Franchise Relations Act. The Franchise Relations Act likely covers important aspects of the franchise relationship, such as termination, renewal, and transfer rights.

For a prospective Kidokinetics franchisee in California, this is a beneficial safeguard. It means that even if the franchise agreement contains language that appears to waive these rights, that language is unenforceable under California law. Franchisees should still carefully review the franchise agreement and consult with an attorney to fully understand their rights and obligations, but this provision offers an additional layer of protection.

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.