Securities

BUSINESS OPPORTUNITIES

Unless exempt under the law, a business opportunity is required to be registered with the Secretary of State prior to any offer or sale. As defined under the Business Opportunity Sales Law of 1995, a business opportunity is commenced when it is agreed that the seller will provide to the purchaser to start a business and the purchaser is required to pay the seller more than $500 within a period of six months. All sellers of a business opportunity are required to deliver a disclosure document to each consumer at least ten(10) business days prior to executing a contract or agreement.

Registration and Licensing

• Business Opportunities
• Forms and Publications

Audit and Compliance

DISCLAIMER
The Secretary of State, Illinois Securities Department or their information providers shall not be liable regardless of the cause or duration, for any errors, inaccuracies, omissions or untimeliness of the information, or for any delay or interruption in the transmission thereof to the user, or for any claims or losses arising therefrom.