Illinois Statutes
§ 5-80 — Scope of the Law; service of process
Illinois § 5-80
JurisdictionIllinois
TopicBUSINESS AND EMPLOYMENT
Ch. 815BUSINESS TRANSACTIONS
Act 815 ILCS 602/Business Opportunity Sales Law of 1995.
Art.Article 5 -
This text of Illinois § 5-80 (Scope of the Law; service of process) 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. 5-80 (2026).
Text
(a)The provisions of this Law concerning sales and offers to sell apply to persons who sell or offer to sell when:
(1)An offer to sell is made in this State;
(2)An offer to purchase is made and accepted in this State; or (3) The purchaser is domiciled in this State and the business opportunity is or will be operated in this State.
(b)For the purpose of this Section, an offer to sell is made in this State, whether or not either party is then present in this State, when:
(1)The offer originates from this State; or (2) The offer is directed by the offeror to this State and received at the place to which it is directed or at any post office in this State in the case of a mailed offer.
(c)For the purpose of this Section, an offer to sell is accepted in this State when acceptance:
(1)Is c
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Legislative History
(Source: P.A. 89-209, eff. 1-1-96.)
Nearby Sections
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§ 5-1
Short title§ 5-100
Misleading filings§ 5-105
Unlawful representations§ 5-110
Advertising§ 5-115
Criminal penalties§ 5-120
Rescission; surety bond§ 5-125
Persons liable§ 5-130
Miscellaneous provisions§ 5-135
Deposit of moneys§ 5-145
Service of process§ 5-15
Sentence§ 5-25
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Bluebook (online)
Illinois § 5-80, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/815/5-80.