Where can I find the list of states in which the proposed Kidokinetics franchise registration is effective?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
The status of the Franchisor's franchise registrations in the states which require registration is as follows:
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- States in which this proposed registration is effective are listed in Exhibit I of the FDD on the page entitled, "State Effective Dates."
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- States which have refused, by order or otherwise, to register these Franchises are:
None
- States which have revoked or suspended the right to offer the Franchises are:
None
- States in which the proposed registration of these Franchises has been withdrawn are:
None
Source: Item 23 — RECEIPT (FDD pages 59–205)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, the list of states in which the proposed franchise registration is effective can be found in Exhibit I of the FDD. This exhibit is specifically titled "State Effective Dates." This information is important for prospective franchisees as it indicates where Kidokinetics is authorized to offer and sell franchises.
Exhibit I provides a clear and official listing, ensuring that franchisees are aware of the states where Kidokinetics has met the necessary registration requirements. The FDD also notes that there are currently no states which have refused to register the franchises, revoked or suspended the right to offer franchises, or states in which the proposed registration of these franchises has been withdrawn.
It is crucial for potential Kidokinetics franchisees to verify this information to ensure compliance with state franchise laws. Offering or selling a franchise in a state where it is not properly registered can lead to legal and financial repercussions for both the franchisor and the franchisee. Therefore, reviewing Exhibit I is a key step in the due diligence process before investing in a Kidokinetics franchise.