If applicable, when must Kidokinetics Franchise LLC provide the disclosure document to a prospective franchisee in Iowa?

According to Kidokinetics's 2024 Franchise Disclosure Document, under Iowa law, Kidokinetics Franchise LLC must provide the disclosure document to a prospective franchisee at their first personal meeting to discuss the franchise. This requirement is specific to Iowa and is in addition to the general federal requirement.

Kidokinetics is also bound by federal regulations, which mandate that the FDD be provided to the prospective franchisee at least 14 calendar days before they sign a binding agreement or make any payment to Kidokinetics or its affiliates related to the franchise sale. This dual obligation means that Kidokinetics must comply with both the federal 14-day rule and the Iowa-specific requirement of providing the FDD at the first personal meeting.

It is important for prospective Kidokinetics franchisees in Iowa to be aware of these requirements to ensure they have ample time to review the FDD and understand their rights and obligations before making any commitments. Franchisees should also confirm that they receive the FDD during their first meeting, as required by Iowa law, and well in advance of signing any agreements or making payments, as required by federal law.