Washington Franchise Law: Amending Your FDD Registration
In Washington State and every other franchise registration state, it is critical for franchisors to recognize that both federal law and State law require your FDD to be updated whenever a "Material Change" occurs. That is, irrespective of your annual registration renewal, a material change in the information reported in your FDD will require an immediate update to your FDD and registration.
Pursuant to the Washington Franchise Investment Protection Act (RCW 19.100.070), franchisors that reside in, "offer to sell" or "sell a franchise" in Washington State must file a franchise registration amendment whenever the franchisor experiences:
- A material change in the condition of the franchisor
- A material change in the condition of the subfranchisor
- A material change in the information contained in the FDD
An amendment for a material change must be filed as soon as reasonably possible and before any additional franchise sales. The franchise registration amendment application must be filed along with a fee in the amount of $100.00.
For additional information regarding state specific franchise requirements, contact franchise lawyer Charles N. Internicola at (800) 976-4904.