Who is the Commissioner of Securities for Hawaii related to Ledgers?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Hawaii | Commissioner | Commissioner | | | of | of | | | Securities | Securities | | | of | of | | | the | the | | | State | State | | | of | of | | | Hawaii | Hawaii | | | Department | Department | | | of | of | | | Commerce | Commerce | | | and | and | | | Consumer | Consumer | | | Affairs | Affairs | | | Business | Business | | | Registration | Registration | | | Division | Division | | | Securities | Securities | | | Compliance | Compliance | | | Branch | Branch | | | 335 | 335 | | | Merchant | Merchant | | | Street, | Street, | | | Room | Room | | | 203 | 203 | | | Honolulu, HI 96813 | Honolulu, HI 96813 | | | (808) | | | | 586-2722 | |
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
Item 5 of the FDD is modified with the addition of the following language: 'The franchisor defers the collection of all initial fees from Hawaii franchisees until the franchisor has completed all its pre-opening obligations and franchisee is open for business.
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to Ledgers' 2025 Franchise Disclosure Document, the Commissioner of Securities of the State of Hawaii is the registered agent in the state authorized to receive service of process. The Commissioner operates under the Department of Commerce and Consumer Affairs, specifically within the Business Registration Division and Securities Compliance Branch. The office is located at 335 Merchant Street, Room 203, Honolulu, HI 96813.
This information is crucial for prospective Ledgers franchisees in Hawaii because it identifies the specific government entity responsible for overseeing franchise-related matters and legal processes within the state. Knowing this ensures that franchisees understand where to direct any legal or compliance-related inquiries or submissions.
Additionally, the FDD stipulates that for franchises governed by the Hawaii Franchise Investment Law, the terms of the Disclosure Document must align with the law. If inconsistencies arise, the terms outlined in the law take precedence, ensuring franchisees are protected under state regulations. Ledgers also defers the collection of all initial fees from Hawaii franchisees until the franchisor has completed all its pre-opening obligations and franchisee is open for business.