North Dakota Franchise Management Agreement

State:
Multi-State
Control #:
US-2-03-2-STP
Format:
Word; 
Rich Text
Instant download

Description

This is a multi-state form covering the subject matter of the title.
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FAQ

South Dakota is a franchise registration state. So, you must file your FDD with the Division of Insurance and Securities Regulation of the South Dakota Department of Labor and Regulation prior to offering or selling franchises in the state.

14-Day Disclosure Period ? Under the FTC's Federal Franchise Rule, you must disclose your FDD to a prospective franchisee no less than 14 calendar days prior to the franchisee signing any agreement with you or your affiliate or paying any fee to you or your affiliate.

× 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.

What Potential Business Owners Need to Know About Franchise Registration States CategoryStatesFranchise Registration StatesCalifornia, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, Hawaii, Illinois, Indiana, Virginia, Washington, Wisconsin4 more rows

Difference between management contract and franchising Although they have much in common, (both earn by selling intangibles and both are affiliated with another company) a management contract acts as a framework and provides formation and structure to the company and its members, and franchisees remain independent.

North Dakota is a franchise registration state. Before you offer or sell a franchise in North Dakota, you must register your Franchise Disclosure Document (FDD) with the North Dakota Securities Department.

California Free FDD Search This is a link to the search feature on the California Department of Business Oversight's website. When searching for an FDD you'll need to enter the legal / corporate name of the franchisor and select "Uniform Franchise Registration Application" as the application type.

Yes. A franchisor that offers a franchise in California is required to file an application for registration or exemption notice. The franchise application must be filed in ance with the California Guidelines for Franchise Registration.

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North Dakota Franchise Management Agreement