Illinois Statutes
§ 10-35
Illinois·Topic BUSINESS AND EMPLOYMENT·Ch. 815 BUSINESS TRANSACTIONS·Act 815 ILCS 307/ Illinois Business Brokers Act of 1995.·Art. Article 10 -
Contracts required to be in writing; retention of copy by client. To be enforceable, every contract for the services of a business broker shall be in writing and signed by all contracting parties. The client shall have the right to retain a copy of the signed contract for the services of a business broker. The client's copy of the contract shall be provided to the client when the contract is signed, if that is reasonably feasible and the client so requests. Otherwise, the contract shall be mailed or otherwise sent to the client within one week of execution. No account number, as referred to in Section 10-75 of this Act, is required on the client's copy of the contract.
Free access — add to your briefcase to read the full text and ask questions with AI
Illinois § 10-35 — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Source: P.A. 89-209, eff. 1-1-96; 90-70, eff. 7-8-97.)
Nearby Sections
15
§ 10-1
Short title§ 10-100
Immunity for official acts§ 10-105
Scope of the Act§ 10-110
§ 10-110§ 10-115
Business broker lien§ 10-125
Service of process§ 10-20
Renewal of registration§ 10-25
Fees and funds§ 10-35
§ 10-35§ 10-40
§ 10-40§ 10-45
§ 10-45