What is the name of the Maryland law that the amendment to the Nothing Bundt Cakes Franchise Agreement recognizes?
Nothing_Bundt_Cakes Franchise · 2025 FDDAnswer from 2025 FDD Document
THIS ACKNOWLEDGEMENT SHALL NOT BE COMPLETED BY YOU, AND WILL NOT APPLY, IF THE OFFER OR SALE OF THE FRANCHISE IS SUBJECT TO THE STATE FRANCHISE DISCLOSURE LAWS IN THE STATES OF CALIFORNIA, HAWAII, ILLINOIS, INDIANA, MARYLAND, MICHIGAN, MINNESOTA, NEW YORK, NORTH DAKOTA, RHODE ISLAND, SOUTH DAKOTA, VIRGINIA, WASHINGTON, OR WISCONSIN.
THIS ACKNOWLEDGEMENT SHALL NOT BE COMPLETED BY YOU, AND WILL NOT APPLY, IF THE FRANCHISE IS TO BE OPERATED IN, OR IF YOU ARE A RESIDENT OF, CALIFORNIA OR MARYLAND.
Source: Item 23 — RECEIPTS (FDD pages 93–309)
What This Means (2025 FDD)
According to the 2025 Nothing Bundt Cakes Franchise Disclosure Document, the Franchisee Disclosure Acknowledgment Statement does not apply to franchisees in Maryland because the offer or sale of the franchise is subject to state franchise disclosure laws in Maryland. This means that Maryland has specific regulations and requirements related to franchise offerings and sales within the state.
Specifically, the Acknowledgment Statement is not to be completed by the franchisee if the offer or sale of the franchise is subject to the state franchise disclosure laws in Maryland. Furthermore, the Acknowledgment Statement does not apply if the franchise is to be operated in, or if the franchisee is a resident of, Maryland.
Prospective Nothing Bundt Cakes franchisees in Maryland should ensure they are fully aware of and compliant with Maryland's franchise disclosure laws. This may involve additional legal review and due diligence to meet the state's specific requirements, as the standard acknowledgement used in other states is not applicable in Maryland.