Ill. Admin. Code tit. 14 , J, Appendix C, ILLUSTRATION B

Current through Register Vol. 48, No. 25, June 21, 2024
Franchisor's Petition for Release of Escrowed Funds

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IN THE MATTER OF:

FRANCHISOR:

FRANCHISEE:

BEFORE THE ATTORNEY GENERAL OF ILLINOIS

AS ADMINISTRATOR OF THE FRANCHISE DISCLOSURE ACT

The undersigned franchisor hereby requests the Administrator to authorize release from escrow the sum of , plus accrued interest representing the franchise fee paid by __________________________ on the ___ day of ____________, ______.

The undersigned franchisor hereby represents that it has fulfilled the initial obligations owed to the franchisee under the franchise and other agreements and that the franchisee has commenced doing business.

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Franchisor

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By: _____________________

Escrowee Bank

Name and Title

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Address of Bank

Printed Name of Franchisee

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Phone Number of Bank

Address of Franchisee

Ill. Admin. Code tit. 14 , J, Appendix C, ILLUSTRATION B

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