Illinois Compiled Statutes 765 ILCS 101 Real Estate Timeshare Act of 1999. Section 5-65

    (765 ILCS 101/5-65)

    Sec. 5-65. Securities. The offer or disposition of a timeshare interest in a timeshare plan which satisfies all the requirements of this Act shall not be deemed to constitute the offer and sale of a security under the Illinois Securities Law of 1953.

(Source: P.A. 91-585, eff. 1-1-00.)

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Last modified: February 18, 2015