For Ledgers franchises in Maryland, what is the statute of limitations for claims arising under the Maryland Franchise Registration and Disclosure Law?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
- C. Item 17.v. of the FDD and Section 9.5A of the FA is modified to also provide,
- "Any claims arising under the Maryland Franchise Registration and Disclosure Law must be brought within 3 years after the grant of the franchise."
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to Ledgers' 2025 Franchise Disclosure Document, the statute of limitations for claims arising under the Maryland Franchise Registration and Disclosure Law is three years. This means that a franchisee must bring any claims related to violations of this law within three years after the grant of the franchise.
This limitation is important for prospective Ledgers franchisees in Maryland to understand. If a franchisee believes Ledgers has violated the Maryland Franchise Registration and Disclosure Law, they must take action within this three-year period to preserve their legal rights. Failure to do so could result in the claim being time-barred, meaning the franchisee would lose the ability to sue for damages or other remedies.
It is common for franchise agreements to include clauses that modify or clarify state franchise laws. In this case, the Ledgers Franchise Agreement explicitly states the three-year statute of limitations for claims under Maryland law, ensuring that franchisees are aware of this important deadline. Franchisees should consult with an attorney to fully understand their rights and obligations under Maryland law and the Ledgers Franchise Agreement.