Who conducts our Election?
The AAFD will conduct your election.
Who would be considered an Authorized Officer if we have not codified the association yet?
Your Steering Committee can elect interim officers until you have bylaws in place and an elected board.
What is an approved chapter expense?
Legal fees, travel reimbursement, SOW, etc. Generally, anything the board approves that is chapter-related.
In case of any retaliation, are the current formation team members protected with D&O insurance? When does it take effect?
The AAFD’s D&O policy protects our chapter boards and officers. You would need to have bylaws in place in order for this to take effect.
We have been using another franchise attorney up to now; any benefit to using one of the attorney’s from the AAFD LegaLine?
Members of the AAFD LegaLine agree to offer discounts to our member franchisees and chapters. If you are happy with your current counsel, there is no reason to change but ... Read More →
Can I join anonymously?
Yes. If a member wants to join anonymously, here are two options: Request to be marked as anonymous in the AAFD’s CRM system (member database). This does not protect you ... Read More →
When is our Chapter official?
For a chapter to officially launch, the AAFD requires a minimum of five (5) members to join.
What is a Steering Committee?
The Steering Committee is made up of the association members. Generally, those who are instrumental in getting the Chapter started will take on an interim leadership position until you elect ... Read More →
How is the AAFD organized?
The AAFD is organized by the formation of exclusive Trademark Chapters representing all of the franchised systems.
Will I have to file my own tax returns?
As a Trademark chapter of the AAFD, your tax-exempt status is protected under the AAFD’s 501(c)(6) tax exemption.
