factual

In Hawaii, who is the Commissioner of Securities for the state, as it pertains to Kidokinetics?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

HAWAII

Commissioner of Securities of the State of Hawaii 335 Merchant Street, Room 203 Honolulu, HI 96813 (808) 586-2722

Agent for Service of Process: Commissioner of Securities of the State of Hawaii Department of Commerce and Consumer Affairs Business Registration Division 335 Merchant Street, Room 203 Honolulu, HI 96813 (808) 586-2722

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

What This Means (2024 FDD)

According to Kidokinetics' 2024 Franchise Disclosure Document, the Commissioner of Securities of the State of Hawaii serves as both the State Administrator and the Agent for Service of Process. The Commissioner's office is located at 335 Merchant Street, Room 203, Honolulu, HI 96813, and can be contacted at (808) 586-2722. This information is crucial for prospective Kidokinetics franchisees in Hawaii, as it identifies the specific state authority responsible for franchise-related matters.

As the State Administrator, the Commissioner oversees franchise registration and compliance within Hawaii. This means Kidokinetics must adhere to Hawaii's franchise laws and regulations, and the Commissioner ensures these are followed. The Commissioner also acts as the Agent for Service of Process, which means they are authorized to receive legal documents on behalf of Kidokinetics in the event of a lawsuit or legal action within the state.

For a potential Kidokinetics franchisee, knowing the Commissioner's contact information is essential for verifying the legitimacy of the franchise offering and reporting any potential violations of franchise law. It also provides a point of contact for addressing any concerns or disputes that may arise during the franchise relationship. This level of transparency and regulatory oversight is typical in franchise systems, aiming to protect franchisees and maintain fair practices.

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.