Which statute of limitations applies to the Monicals Pizza Franchise Agreement and Area Development Agreement under North Dakota Law?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
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- ITEM 17 of the Disclosure Document is amended to add the following:
- The Franchise Agreement and Area Development Agreement are amended to state that the statute of limitations under North Dakota Law will apply.
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
According to Monicals Pizza's 2025 Franchise Disclosure Document, for franchises operating in North Dakota, the Franchise Agreement and Area Development Agreement are amended to state that the statute of limitations under North Dakota Law will apply. This means that any legal claims arising from these agreements will be subject to the time limits specified by North Dakota law for filing lawsuits.
This amendment ensures that Monicals Pizza franchisees in North Dakota have the same legal protections and timeframes as provided by North Dakota's franchise laws. Without this amendment, the franchise agreement might impose a different statute of limitations, potentially disadvantaging the franchisee.
Prospective Monicals Pizza franchisees in North Dakota should consult with a legal professional to understand the specific statute of limitations periods applicable to various types of claims under North Dakota law. This will help them protect their legal rights and ensure they are aware of the deadlines for filing any potential lawsuits related to their franchise agreement or area development agreement.