Where can I find the Receipt of Disclosure Document for Ledgers?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit H contains two copies of a Receipt of our Disclosure Document. You must sign, date and deliver one copy of the Receipt Page to us for our records.
Source: Item 23 — RECEIPTS (FDD pages 46–134)
What This Means (2025 FDD)
According to Ledgers' 2025 Franchise Disclosure Document, two copies of the Receipt of Disclosure Document can be found in Exhibit H. As a prospective franchisee, you are required to sign and date both copies of the receipt and then deliver one copy to Ledgers for their records. This receipt confirms that you received the FDD, which is a critical step in the franchise process, ensuring you have had the opportunity to review the document before making any commitments or payments.
The FDD also emphasizes the importance of carefully reading the disclosure document and all agreements. It highlights that if Ledgers offers you a franchise, they must provide the Disclosure Document to you 14 calendar days before you sign a binding agreement or make a payment. Certain states like Iowa, Michigan, and New York have specific requirements regarding the timing of the Disclosure Document delivery, with some requiring it at the earlier of the first personal meeting or a certain number of days before signing any agreement or making a payment.
It is important to note that failure to deliver the Disclosure Document on time or if it contains false or misleading statements, or material omissions, may constitute a violation of federal and state laws. In such cases, the FDD advises reporting the issue to the Federal Trade Commission and the appropriate state agency listed in Exhibit D. This underscores the legal protections afforded to potential franchisees and the importance of due diligence in reviewing the FDD.