Illinois § 8a Advertisement and sale of certain investments

Illinois Statutes

§ 8a — Advertisement and sale of certain investments

Illinois § 8a

TopicBUSINESS AND EMPLOYMENT

Ch. 815BUSINESS TRANSACTIONS

Act 815 ILCS 5/Illinois Securities Law of 1953.

This text of Illinois § 8a (Advertisement and sale of certain investments) 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. 8a (2026).

Text

(a)Every person who sells or offers to sell a certificate of deposit shall disclose in every advertisement therefor whether the certificate of deposit is insured, the identity of the insurer, and whether the certificate is backed by the full faith and credit of any government.

(b)With respect to the sale of any uninsured certificate of deposit, each person referred to in subsection (a) shall notify the purchaser in writing of the lack of insurance.

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(a) Every person who sells or offers to sell a certificate of deposit shall disclose in every advertisement therefor whether the certificate of deposit is insured, the identity of the insurer, and whether the certificate is backed by the full faith and credit of any government. (b) With respect to the sale of any uninsured certificate of deposit, each person referred to in subsection (a) shall notify the purchaser in writing of the lack of insurance.

Legislative History

(Source: P.A. 89-209, eff. 1-1-96.)

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Bluebook (online)

Illinois § 8a, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/815/8a.