What documents of the Controlled Entity must be furnished to Monicals Pizza's Franchisor?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
- 18.3.1.7 copies of the Controlled Entity's articles of incorporation or organization, bylaws, operating agreement, federal tax identification number and other governing regulations or documents, including resolutions of the board of directors authorizing entry into this Agreement, have been promptly furnished to Franchisor.
Any amendment to any such documents shall also be furnished to Franchisor immediately upon adoption.
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
According to Monicals Pizza's 2025 Franchise Disclosure Document, if a franchisee operates their Monicals Pizza restaurant through a Controlled Entity, they must provide several documents to Monicals Pizza. These include copies of the Controlled Entity's articles of incorporation or organization, bylaws, operating agreement, and federal tax identification number.
Additionally, the franchisee must furnish any other governing regulations or documents of the Controlled Entity, including resolutions from the board of directors that authorize the entity's entry into the Franchise Agreement. This ensures Monicals Pizza has a comprehensive understanding of the legal structure and operational guidelines of the entity operating the franchise.
Furthermore, any amendments to these documents must be furnished to Monicals Pizza immediately upon adoption. This requirement allows Monicals Pizza to stay informed about any changes in the Controlled Entity's structure or regulations that could affect the operation of the Monicals Pizza franchise. This ongoing transparency helps maintain compliance and ensures that the franchise operates within the established standards and agreements.