TITLE 14: COMMERCE
SUBTITLE A: REGULATION OF BUSINESS
CHAPTER I: SECRETARY OF STATE
PART 145 REGULATIONS UNDER THE ILLINOIS LOAN BROKERS ACT OF 1995
SECTION 145.802 EXEMPTION FOR FRANCHISES
Section 145.802 Exemption for Franchises
Persons registered pursuant to the Illinois Franchise Disclosure Act of 1987 [815 ILCS 705] (and their employees) are exempt from the requirements of the Act as to: offers and sales in connection with such franchising activities; or assisting any of their franchisees in the offer or sale of a franchise by any such franchisee for its own account, regardless of whether the sale is effected by or through such registered persons.