Ill. Admin. Code tit. 14 § 200.306

Current through Register Vol. 48, No. 25, June 21, 2024
Section 200.306 - Internet Franchise Offers

Any communication made through the Internet, the World Wide Web, or any other similar proprietary or common carrier electronic delivery system, of an offer to sell a franchise ("Internet Offer") is exempt from the registration provisions of the Illinois Franchise Disclosure Act if the franchisor limits contact with prospective Illinois franchisees to keeping a prospect list and notifying such prospects that, until the franchisor registers the franchise in Illinois, no further discussion about the franchise opportunity can take place.

Ill. Admin. Code tit. 14, § 200.306

Added at 23 Ill. Reg. 11561, effective September 7, 1999