Illinois Compiled Statutes 815 ILCS 307 Illinois Business Brokers Act of 1995. Section 10-5.30

    (815 ILCS 307/10-5.30)

    Sec. 10-5.30. Seller. "Seller" means a person who sells or offers to sell a business or any agent who directly or indirectly acts on behalf of such person, except that a person acting as a business broker is neither a seller nor purchaser.

(Source: P.A. 90-70, eff. 7-8-97.)

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Last modified: February 18, 2015