TITLE 14: COMMERCE
SUBTITLE A: REGULATION OF BUSINESS
CHAPTER I: SECRETARY OF STATE
PART 130 REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953
SECTION 130.251 DEFINITION OF THE TERM "MAXIMUM AGGREGATE PRICE", AS USED IN SECTION 5 OF THE ACT
Section 130.251 Definition of the Term "Maximum Aggregate Price", as Used in Section 5 of the Act
Except as otherwise provided in Section 5.C.(2) of the Act, the term "maximum aggregate price" as used in Section 5 of the Act means the applicant's bona fide estimate thereof, which shall be calculated in the manner provided in Rule 457 under the Federal 1933 Act, 17 C.F.R. Section 230.457. Such calculation shall be made as of the time specified in Section 5.C.(1), 5.C.(2) or 5.E of the Act, as applicable.