What item of the Ledgers FDD is modified regarding the timeframe for claims under the Maryland Franchise Registration and Disclosure Law?

According to Ledgers's 2025 Franchise Disclosure Document, Item 17.v of the FDD and Section 9.5A of the Franchise Agreement are modified for franchises governed by the Maryland Franchise Registration and Disclosure Law. This modification stipulates that any claims arising under this law must be brought within 3 years after the grant of the franchise.

This means that a Ledgers franchisee in Maryland has a limited window of 3 years from the date their franchise is granted to file any legal claims related to violations of the Maryland Franchise Registration and Disclosure Law. This timeframe is crucial for franchisees to be aware of, as failing to bring a claim within this period could result in the claim being time-barred.

It is important for prospective Ledgers franchisees in Maryland to understand this modification and consult with legal counsel to ensure they are aware of their rights and the applicable deadlines for filing claims under Maryland law. This modification ensures that franchisees are aware of the specific time limitations for legal action within the state, differing from the standard terms that might be present in the general Franchise Agreement.