Illinois Statutes

§ 10-5.17 — Insolvency

Illinois § 10-5.17
JurisdictionIllinois
TopicBUSINESS AND EMPLOYMENT
Ch. 815BUSINESS TRANSACTIONS
Act 815 ILCS 307/Illinois Business Brokers Act of 1995.
Art.Article 10 -

This text of Illinois § 10-5.17 (Insolvency) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
815 Ill. Comp. Stat. 10-5.17 (2026).

Text

"Insolvency" means the rendering of a business broker financially unable to perform any contractual obligations of its business brokering duties.

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Legislative History

(Source: P.A. 90-70, eff. 7-8-97.)

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Bluebook (online)
Illinois § 10-5.17, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/815/10-5.17.