What happens if I lose the Ledgers Receipt of Disclosure Document?
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)
The 2025 Ledgers Franchise Disclosure Document states that Exhibit H contains two copies of a Receipt of Disclosure Document. As a prospective franchisee, you must sign, date, and deliver one copy of the receipt to Ledgers for their records.
The FDD does not explicitly state the consequences of losing your copy of the receipt. However, the document emphasizes the importance of the receipt as an acknowledgment that you received the FDD within the mandated timeframe. This timeframe is crucial because it allows you adequate time to review the document before making any binding agreements or payments.
Given the legal significance of the Disclosure Document and the receipt, it would be prudent for a prospective Ledgers franchisee to keep their copy in a safe place. If the receipt is lost, contacting Ledgers to request a copy or to confirm that they have received your signed copy would be advisable. Maintaining thorough records of all franchise-related documents is a recommended best practice.