Illinois Statutes

§ 10-105 — Scope of the Act

Illinois·Topic BUSINESS AND EMPLOYMENT·Ch. 815 BUSINESS TRANSACTIONS·Act 815 ILCS 307/ Illinois Business Brokers Act of 1995.·Art. Article 10 -
This Act shall apply only when the person engaging or seeking to engage the business broker is domiciled in this State or when the company or business sought to be sold has its principal place of business in this State. Notwithstanding any other provision of this Section, a lien on property arising under Section 10-115 is enforceable only against tangible property located in this State.

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Legislative History

(Source: P.A. 90-70, eff. 7-8-97; 91-534, eff. 1-1-00.)

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