Who is the State Administrator for California related to Ledgers?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | State Administrator | Agent for Service of Process |
|---|---|---|
| California | ||
| Department | Commissioner | |
| of | of | |
| Financial | Financial | |
| Protection and Innovation | Protection and Innovation | |
| 320 West 4th Street | Department of Financial | |
| Los | Protection and Innovation | |
| Angeles, | ||
| CA 90013 | ||
| 2101 Arena Blvd | 320 | |
| West | ||
| 4th | ||
| Street | ||
| Sacramento, CA 95834 | Los | |
| Angeles, | ||
| CA 90013 | ||
| 1-866-275-2677 |
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to Ledgers' 2025 Franchise Disclosure Document, the State Administrator for California is the Department of Financial Protection and Innovation, located at 320 West 4th Street, Los Angeles, CA 90013. Their phone number is 1-866-275-2677.
This information is crucial for prospective Ledgers franchisees in California because it identifies the specific state agency responsible for overseeing franchise matters. If a franchisee has any complaints or concerns regarding the franchise offering or the franchisor's conduct, they can direct those issues to this department.
Additionally, the FDD notes that the California Franchise Investment Law provides certain rights to franchisees concerning termination, transfer, or non-renewal of a franchise. It also states that the registration of the franchise offering by the California Department of Financial Protection and Innovation does not constitute approval, recommendation, or endorsement by the commissioner. This means that while the franchise is registered in California, the state does not guarantee its success or endorse it as a sound investment.