factual

What is the address for the North Dakota Securities Department, as it pertains to Learningrx?

Learningrx Franchise · 2025 FDD

Answer from 2025 FDD Document

North Dakota Securities Department Securities Commissioner
600 East Boulevard Avenue Same Address
NORTH DAKOTA State Capitol, Fourteenth
Floor, Dept 414
Bismarck, ND 58505-0510
701-328-4712; Fax: 701-328-0140

Source: Item 23 — RECEIPT (FDD pages 54–209)

What This Means (2025 FDD)

According to Learningrx's 2025 Franchise Disclosure Document, the North Dakota Securities Department is located at 600 East Boulevard Avenue, State Capitol, Fourteenth Floor, Dept 414, Bismarck, ND 58505-0510. This information is crucial for any Learningrx franchisee in North Dakota who may need to contact the department for regulatory or compliance matters. The document also lists the phone and fax numbers for the department, which are 701-328-4712 and 701-328-0140, respectively. The agent for service of process is the Securities Commissioner, with the same address as the department.

This information is typically included in franchise disclosure documents to ensure transparency and provide franchisees with the necessary contact information for state regulatory bodies. Franchisees may need to contact the North Dakota Securities Department for various reasons, including filing complaints, seeking clarification on franchise laws, or reporting potential violations. Having this information readily available in the FDD is beneficial for franchisees in maintaining compliance and protecting their rights.

Furthermore, the Learningrx FDD includes specific amendments related to North Dakota franchise law, particularly concerning enforceability of certain clauses within the franchise agreement. These amendments cover aspects such as general releases upon renewal, consent to termination or liquidated damages, restrictions on competition, arbitration and/or mediation, jurisdiction for claims, and choice of law. These amendments reflect the North Dakota Securities Commissioner's stance on protecting franchisees' rights under the North Dakota Franchise Investment Law.

Disclaimer: This information is extracted from the 2025 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.