In New York, to whom should receipts be sent regarding a Petro Stopping Center franchise?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
| CALIFORNIA | NEW YORK |
|---|---|
| Commissioner of Department of Financial Protection | NYS Department of Law |
| and Innovation | Investor Protection Bureau |
| Department of Financial Protection and INnovation | 28 Liberty Street, 21st Floor |
| 320 West 4th Street, Suite 750 | New York, NY 10005 |
| Los Angeles, CA 90013-2344 | (212) 416-8285 |
| (213) 576-7500 |
Source: Item 23 — RECEIPTS **RECEIPTS (FDD pages 87–131)
What This Means (2025 FDD)
According to the 2025 Petro Stopping Center Franchise Disclosure Document, if you are a franchisee in New York, receipts should be sent to the NYS Department of Law, Investor Protection Bureau, located at 28 Liberty Street, 21st Floor, New York, NY 10005. The phone number is (212) 416-8285.
It is important to send receipts to the correct state authority as this is a legal requirement for franchise registration and compliance. Failure to do so could result in penalties or legal issues with the state.
Franchisees should ensure they understand all state-specific regulations and requirements, as they can vary significantly. Keeping accurate records and adhering to the specified reporting procedures is crucial for maintaining a compliant and successful franchise operation.