New Disclosure Requirements – Washington

The state of Washington has updated its disclosure requirements under the Franchise Investment Protection Act to better align with the Federal Trade Commission’s Franchise Rule. Senate Bill No. 6172 gives franchisors 14 calendar days prior to the signing date to provide franchisees with disclosure documents; the old rule gave only 10 business days. The law further mandates that franchisors wait 7 calendar days after unilaterally amending an agreement before signing.

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