TITLE 14: COMMERCE
SUBTITLE A: REGULATION OF BUSINESS
CHAPTER I: SECRETARY OF STATE
PART 130 REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953
SECTION 130.190 PROVISIONS FOR GRANTING OF VARIANCE FROM RULES


 

Section 130.190  Provisions for Granting of Variance from Rules

 

The Secretary of State or his or her designee may grant variances from this Part in individual cases where he or she determines that:

 

a)         the provision from which the variance is granted is not statutorily mandated;

 

b)         no party will be injured by granting the variance; and

 

c)         the Rule from which the variance is granted would, in the particular case, be unnecessarily burdensome.

 

(Source:  Amended at 20 Ill. Reg. 14185, effective October 21, 1996)