What does the filing of Ledgers franchises under the Hawaii Franchise Investment Law NOT constitute?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
THESE FRANCHISES HAVE BEEN FILED UNDER THE FRANCHISE INVESTMENT LAW OF THE STATE OF HAWAII. FILING DOES NOT CONSTITUTE APPROVAL, RECOMMENDATION OR ENDORSEMENT BY THE DIRECTOR OF COMMERCE AND CONSUMER AFFAIRS OR A FINDING BY THE DIRECTOR OF COMMERCE AND CONSUMER AFFAIRS THAT THE INFORMATION PROVIDED HEREIN IS TRUE, COMPLETE AND NOT MISLEADING.
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to Ledgers' 2025 Franchise Disclosure Document, the filing of its franchises under the Hawaii Franchise Investment Law does not constitute approval, recommendation, or endorsement by the Director of Commerce and Consumer Affairs. Furthermore, it is not a finding by the Director that the information provided in the FDD is true, complete, and not misleading.
This disclaimer is a standard legal precaution. It means that while Ledgers has registered its franchise offering in Hawaii, the state's regulatory body has not independently verified the accuracy or quality of the information provided. Prospective franchisees must conduct their own due diligence to assess the opportunity.
This disclosure highlights the importance of carefully reviewing the FDD and seeking professional advice before investing in a Ledgers franchise in Hawaii. Franchisees should not rely solely on the fact that the franchise is registered with the state as an indication of its viability or potential for success.