Illinois Statutes

§ 15a — Issuance of Non-Binding Statements

Illinois § 15a
JurisdictionIllinois
TopicBUSINESS AND EMPLOYMENT
Ch. 815BUSINESS TRANSACTIONS
Act 815 ILCS 5/Illinois Securities Law of 1953.

This text of Illinois § 15a (Issuance of Non-Binding Statements) 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. 15a (2026).

Text

The Secretary of State, or any person designated by him or her, may issue a statement concerning the applicability of the Act or the rules and regulations thereunder to any transaction or proposed transaction which may be subject to the Act. No statement issued by the Secretary of State or his or her designee pursuant to this Section 15a shall be binding upon the Secretary of State or the State of Illinois, or shall be admissible in any administrative, civil or criminal action as, or shall otherwise constitute, a legal opinion of the Secretary of State. Each application for a statement pursuant to this Section 15a shall be filed with the Secretary of State in the form and manner prescribed by the Secretary of State by rule or regulation, and shall be accompanied by an application fee in th

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

(Source: P.A. 84-869.)

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Illinois § 15a, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/815/15a.