(815 ILCS 705/19) (from Ch. 121 1/2, par. 1719)
Sec. 19.
Termination of a Franchise.
(a) It shall be a violation of
this Act for a franchisor to terminate a franchise of a franchised business
located in this State prior to the expiration of its term except for "good
cause" as provided in subsection (b) or (c) of this Section.
(b) "Good cause" shall include, but not be limited to, the failure of the
franchisee to comply with any lawful provisions of the franchise or other
agreement and to cure such default after being given notice thereof and
a reasonable opportunity to cure such default, which in no event need be
more than 30 days.
(c) "Good cause" shall include, but without the requirement of notice and
an opportunity to cure, situations in which the franchisee:
(1) makes an assignment for the benefit of creditors or a similar
disposition of the assets of the franchise business;
(2) voluntarily abandons the franchise business;
(3) is convicted of a felony or other crime which substantially
impairs the good will associated with the franchisor's trademark, service
mark, trade name or commercial symbol; or
(4) repeatedly fails to comply with the lawful provisions of the franchise
or other agreement.
(Source: P.A. 85-551.)
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