Is the Franchise Disclosure Questionnaire applicable for Kidokinetics franchise sales to residents of North Dakota?

According to Kidokinetics's 2024 Franchise Disclosure Document, the Franchise Disclosure Questionnaire is not to be used for any franchise sale in or to residents of North Dakota. This means that prospective Kidokinetics franchisees residing in North Dakota are not required to complete the standard Franchise Disclosure Questionnaire included in Exhibit F of the FDD.

This exclusion suggests that Kidokinetics may have specific legal or regulatory considerations related to franchise sales in North Dakota. It is relatively common for franchise agreements and disclosure requirements to vary by state due to differing franchise laws. The exclusion of the questionnaire could be due to North Dakota having specific requirements that the standard questionnaire does not adequately address, or it could be related to exemptions or alternative compliance methods available in that state.

While the standard questionnaire is not applicable, it is important for potential franchisees in North Dakota to understand their rights and obligations under both federal and state franchise laws. They should carefully review all other documents provided by Kidokinetics, including the Franchise Agreement, state-specific addenda, and any other relevant exhibits. It is also advisable to seek legal counsel to ensure full compliance with North Dakota's franchise regulations.

Prospective Kidokinetics franchisees in North Dakota should confirm with Kidokinetics what specific forms or procedures, if any, replace the standard Franchise Disclosure Questionnaire. Understanding the reasons behind this exclusion and any alternative requirements will help ensure a smooth and compliant franchise purchasing process.