Which states does the State Law Addendum to the Ledgers Franchise Disclosure Document apply to?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
The provisions of this State Law Addendum to Franchise Disclosure Document and Franchise Agreement ("State Addendum") apply only to those persons residing or operating a Ledgers Franchised Business in the following states: Michigan, California, Illinois, Indiana, Maryland, Minnesota, New York, Rhode Island, Virginia, or Wisconsin.
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to Ledgers' 2025 Franchise Disclosure Document, the State Law Addendum applies to franchisees residing or operating a Ledgers franchise in specific states. These addenda modify the standard Franchise Disclosure Document and may supersede certain portions of the Franchise Agreement to comply with state laws.
The states for which these addenda are applicable are Michigan, California, Illinois, Indiana, Maryland, Minnesota, New York, Rhode Island, Virginia, and Wisconsin. This means that if a prospective franchisee lives in or plans to operate their Ledgers franchise in one of these states, the provisions of the State Law Addendum will be integrated into their Franchise Agreement.
For prospective Ledgers franchisees, it is crucial to carefully review the State Law Addendum if they are operating in one of the listed states, as these addenda can alter the terms and conditions of the franchise agreement. These modifications are designed to protect franchisees' rights and ensure compliance with local regulations, potentially affecting aspects such as termination, transfer, and dispute resolution.