factual

What is the address of the Business Registration Division in Hawaii, serving as the agent for service of process for Ledgers?

Ledgers Franchise · 2025 FDD

Answer from 2025 FDD Document

Registered agent in the state authorized to receive service of process:

Commissioner of Securities of the State of Hawaii Department of Commerce and Consumer Affairs Business Registration Division Securities Compliance Branch 335 Merchant Street, Room 203 Honolulu, HI 96813

Source: Item 22 — CONTRACTS (FDD page 46)

What This Means (2025 FDD)

According to Ledgers' 2025 Franchise Disclosure Document, the agent for service of process in Hawaii is the Commissioner of Securities of the State of Hawaii Department of Commerce and Consumer Affairs Business Registration Division Securities Compliance Branch. The address for this agent is 335 Merchant Street, Room 203, Honolulu, HI 96813. This information is crucial for any legal notifications or processes that may arise during the franchise term.

It is important to note that in Hawaii, the terms of the Disclosure Document are superseded by the Hawaii Franchise Investment Law if any inconsistencies exist. This highlights the importance of understanding state-specific regulations in addition to the standard franchise agreement. Prospective franchisees should carefully review both the FDD and relevant state laws to ensure full compliance and understanding of their rights and obligations.

Ledgers also defers the collection of all initial fees from Hawaii franchisees until the franchisor has completed all its pre-opening obligations and the franchisee is open for business. This deferral of initial fees could be a significant benefit for franchisees in Hawaii, reducing the upfront financial burden and aligning the franchisor's interests more closely with the franchisee's success.

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.