Maine Franchise Registration and Disclosure Guidelines (PDF) is a document that provides guidance for businesses that are looking to operate a franchise in the state of Maine. It outlines the requirements, rules, and procedures for registering a franchise in Maine, as well as the disclosure and disclosure document requirements for the franchise. The document also provides guidance on the franchise fee, the disclosure of certain information to prospective franchisees, and other applicable laws and regulations. It includes information on how to register, the fees associated with registration, and the content of the franchise disclosure document. The Maine Franchise Registration and Disclosure Guidelines (PDF) is divided into two main sections. The first section covers the registration process, including the fees associated with registration and the disclosure document requirements. The second section covers the disclosure requirements for the franchise, which include specific disclosures such as the franchise fee, the franchisee's right to cancel, and the franchisee's right to receive information about the franchise. The Maine Franchise Registration and Disclosure Guidelines (PDF) includes the following types of documents: • Registration Forms and Fees • Franchise Disclosure Document • Franchise Fee Disclosure • Franchisee's Right to Cancel • Franchisee's Right to Receive Information About the Franchise • Laws and Regulations • Other Information Required by the State of Maine.
Maine Franchise Registration and Disclosure Guidelines(PDF)
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FAQ
In short, a business arrangement meets the FTC Rule definition of a franchise if the business arrangement involves: (i) the grant of a trademark, (ii) the franchisor exerts or has the authority to exert significant control or assistance over the operation of the business, and (iii) the franchisee pays the franchisor or
Maine's business opportunity statute is primarily a consumer protection law, intended to help protect purchasers, or potential purchasers, of business opportunities.
Massachusetts is classified as a non-registration state because there is no state franchise registration, business opportunity exemption registration, or other franchise disclosures required by the state.
Under Item 19 of the Franchise Disclosure Document (FDD), if a franchisor makes financial performance representations (FPR) to prospective franchisees in the sale of a franchise, it must disclose such FPRs. Franchisors are not required to make FPRs to prospective franchisees.
States That Require FDD Registration or Filing California. Hawaii. Illinois. Indiana. Maryland. Michigan. Minnesota. New York.
While there are 17 states now enacting franchise relationship laws, most have included general franchise relationship terms within their disclosure laws. There are also cases wherein a certain state would have a general relationship law but not a state disclosure law.
The State of Maine is a non-registration state for franchisors with a federally registered trademark and is a franchise filing state for franchisors without a federally registered trademark. Maine has not enacted franchise specific laws or regulations.
Maine's business opportunity statute is primarily a consumer protection law, intended to help protect purchasers, or potential purchasers, of business opportunities.