TITLE 14: COMMERCE
SUBTITLE A: REGULATION OF BUSINESS
CHAPTER I: SECRETARY OF STATE
PART 130 REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953
SECTION 130.501 TITLE OF SECURITIES
Section 130.501 Title of Securities
Wherever the title of securities is required to be stated there shall be given such information as will indicate the type and general character of the securities, including the following:
a) In the case of shares, the par or stated value, if any; the rate of dividends, if fixed, and whether cumulative or noncumulative; a brief indication of the preference, if any; and if convertible, a statement to that effect.
b) In the case of funded debt, the rate of interest; the date of maturity, or if the issue matures serially, a brief indication of the serial maturities, such as "maturing serially from 1980 to 1990"; if the payment of principal or interest is contingent, an appropriate indication of such contingency, a brief indication of the priority of the issue; and if convertible, a statement to that effect.
c) In the case of any other kind of security, appropriate information of comparable character.