GroundRules
815 ILCS 602/5-5.25: Ongoing business.
Where this section sits in the code
- CHAPTER 815 BUSINESS TRANSACTIONS
- Business Opportunity Sales Law of 1995.
"Ongoing business" means an existing business that, for at least 6 months prior to the offer, has been operated from a specific location, has been open for business to the general public and has substantially all of the equipment and supplies necessary for operating the business.
Collected 2026-09-15T04:46:48Z. Source file · JSON