Minnesota Department of Commerce (DOC) is the state's chief regulator for the banking, energy, insurance, real estate, residential construction, securities, and telecommunications industries. They are concerned with the health of the individual companies as well as making sure consumers' interests are protected.
Minnesota is a franchise registration state. Before you offer or sell a franchise in Minnesota, you must register your Franchise Disclosure Document (FDD) with the Securities Division of the Minnesota Department of Commerce.
Commissioner Grace Arnold leads the Minnesota Department of Commerce. She was appointed by Governor Walz in April 2021 and reappointed in January 2023.
In the United States, there are 14 franchise registration states. Some examples include California, Illinois, Maryland, New York, and Washington. These states require franchisors to register their Franchise Disclosure Document (FDD) with a regulatory agency before offering or selling franchises within their borders.
The Franchise Registration States are states that, in addition to the Federal Franchise Laws, have issued supplemental franchise laws and require franchisors to register their Franchise Disclosure Document (FDD) with a local state regulator before offering or selling a franchise within the state.
Minnesota Department of Commerce (DOC) is the state's chief regulator for the banking, energy, insurance, real estate, residential construction, securities, and telecommunications industries. They are concerned with the health of the individual companies as well as making sure consumers' interests are protected.
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