815 ILCS 705/ – Franchise Disclosure Act of 1987 | Midpage

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Illinois Compiled Statutes

Business and Employment

705

815 ILCS 705/

Franchise Disclosure Act of 1987

1Short title 10Registration and Annual Report 11Amendments 12Period of effectiveness 13815 Ilcs 705/13 14Effect of registration 15Escrow of franchise fees; surety bonds; franchise fee deferrals 16Form and contents of disclosure statements 17Participation in trade associations 18Discrimination 19Termination of a Franchise 2Findings and purpose 20Nonrenewal of a franchise 21Franchise Advisory Board 22Enforcement 23Hearings and notice of order suspending, terminating, prohibiting or denying sales or registration 24Civil penalties 25Criminal prosecution 26Private civil actions 27Periods of limitation 28No other civil liability 29Certificate of registration or filing of annual report; admissibility in evidence 3Definitions 30815 Ilcs 705/30 31Powers of the Administrator 32Rules and interpretive opinions 33Hearings 34Judicial review 35Service of process 36Books and records 37Public inspection 38Copies to be furnished 39Destruction of records 4Jurisdiction and venue 40Fees 41Waivers void 42Burden of proof 43Construction 44815 Ilcs 705/44 5Prohibited practices 6Fraudulent practices 7Sale by franchisee and extension or renewal of existing franchise 8Exemptions 9Exemptions from disclosure statement and registration requirements granted by Administrator