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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.
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
× 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.
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.
Wisconsin is a franchise registration state. Before you offer or sell a franchise in Wisconsin, you must file and register your Franchise Disclosure Document (?FDD?) with the Securities Division of the Wisconsin State Department of Financial Institutions.
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.
All exhibits to the franchise disclosure document must be contained in one PDF document. Only one document can be uploaded. The annual registration filing fee is $400.
Ing to the FTC, franchisors have an obligation to provide the franchisee with the FDD at least 14 days before it needs to be signed or before any initial money is exchanged. The franchisee has a right to a copy of the FDD after the franchisor has received the application and agreed to consider it.