Ill. Admin. Code tit. 14 § 135.351

Current through Register Vol. 49, No. 2, January 10, 2025
Section 135.351 - Additional Required Disclosure from Seller-Guarantors

In addition to filing the information specified in Section 5-35(b) of the Act, sellers who guarantee the business opportunity shall be required to provide the following information as an addendum to the disclosure document including a description of the nature of the guarantee, including, without limitation, the source of funds and other obligations and contingent and off-balance sheet obligations, which, if matured or liquidated, could impair the ability of the guarantor to perform.

Ill. Admin. Code tit. 14, § 135.351