Ill. Admin. Code tit. 14 § 145.802

Current through Register Vol. 48, No. 49, December 6, 2024
Section 145.802 - Exemption for Franchises

Persons registered pursuant to the Illinois Franchise Disclosure Act of 1987 [815 ILCS 705 ] (and their employees) are exempt from the requirements of the Act as to: offers and sales in connection with such franchising activities; or assisting any of their franchisees in the offer or sale of a franchise by any such franchisee for its own account, regardless of whether the sale is effected by or through such registered persons.

Ill. Admin. Code tit. 14, § 145.802