What information must be included in the notice of any special meeting for a Stretch Zone DMA Cooperative?
Stretch_Zone Franchise · 2025 FDDAnswer from 2025 FDD Document
- Section 3. Notice. Notice of any special meeting will be given at least 7 days before the meeting by written notice delivered personally or mailed to each Member at his, her or its business address or by e-mail. If mailed, the notice is deemed to be delivered when deposited in the United States mail so addressed, with postage thereon prepaid. If e-mailed, the recipient must acknowledge receipt by reply e-mail. The notice of any special meeting will set forth the purpose, time and place of the meeting. Any Member may waive notice of any meeting. The attendance of a Member at a meeting constitutes a waiver of notice of the meeting, except where a Member attends a meeting for the express purpose of objecting to the transaction of any business because that meeting is not lawfully called or convened.
Source: Item 3 — Franchisee/Debtor's Warranties. (FDD pages 263–364)
What This Means (2025 FDD)
According to Stretch Zone's 2025 Franchise Disclosure Document, the notice for any special meeting of the DMA Cooperative members must include the meeting's purpose, time, and place. This notice must be provided at least 7 days before the meeting.
The notice can be delivered in a few ways: written notice delivered personally, mailed to each member's business address, or by email. If the notice is mailed, it's considered delivered when it's deposited in the United States mail with prepaid postage. If the notice is sent via email, the recipient must acknowledge they received it by sending a reply email.
Members can waive their right to receive notice of a meeting. Attending a meeting also counts as waiving the notice, unless the member attends specifically to object to the meeting because it wasn't properly called or convened. This ensures that members are informed about important meetings and have the opportunity to participate, while also allowing for flexibility and addressing potential objections.