As of the provided effective dates, in which states is The Standardx Franchise Disclosure Document pending registration, filing, or exemption?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
The following states have franchise laws that require that the Franchise Disclosure Document be registered or filed with the state, or be exempt from registration: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin.
This document is effective and may be used in the following states, where the document is filed, registered or exempt from registration, as of the Effective Date stated below:
Source: Item 18 — OTHER INCOME (LOSS), NET (FDD pages 187–399)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, several states have franchise laws requiring registration or filing of the FDD, or an exemption from registration. These states are California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin.
The document indicates it is effective and may be used in these states as of the stated effective date, implying that The Standardx has already completed the necessary registration, filing, or exemption processes in these locations. This means that The Standardx is actively offering franchises in these states, and the FDD meets the legal requirements for franchise disclosure in each of them.
Prospective franchisees should note that franchise laws vary by state, and The Standardx must comply with these specific regulations. The presence of state-specific disclosures and riders in the FDD further emphasizes the importance of understanding the laws of the state where the franchise will be located. Franchisees should carefully review these state-specific provisions to fully understand their rights and obligations.