Illinois Administrative Code
Title 14 - COMMERCE
Part 135 - REGULATIONS UNDER THE BUSINESS OPPORTUNITY SALES LAW OF 1995
Subpart C - REGISTRATION OF BUSINESS OPPORTUNITIES
Section 135.350 - Disclosure Document
Current through Register Vol. 48, No. 38, September 20, 2024
The Secretary of State deems the following disclosure formats to be in full compliance with the disclosure requirements of Section 5-35 of the Act. No format other than the following or the format described in Section 5-35(b) of the Act shall be utilized. The different permissible formats may not be intermingled.
a) The Uniform Franchise Offering Circular (UFOC) in accordance with the Federal Trade Commission Regulation Rule, entitled "Disclosure Requirements and Prohibitions Concerning Franchising and Business Opportunity Ventures" ( 16 CFR 436) as in effect on January 1, 1996 (no subsequent amendments or editions); or
b) The disclosure requirements of the Federal Trade Commission Regulation Rule, entitled "Disclosure Requirements and Prohibitions Concerning Franchising and Business Opportunity Ventures" ( 16 CFR 436) as in effect on January 1, 1996 (no subsequent amendments or editions).
