TITLE 14: COMMERCE
SUBTITLE A: REGULATION OF BUSINESS
CHAPTER II: ATTORNEY GENERAL
PART 200 FRANCHISE DISCLOSURE ACT
SECTION 200.APPENDIX C ESCROW FORMS



Section 200.APPENDIX C   Escrow Forms

 

Section 200.ILLUSTRATION B   Franchisor's Petition for Release of Escrowed Funds

 

 

)

 

 

)

SS

 

)

 

 

IN THE MATTER OF:

FRANCHISOR:

FRANCHISEE:

 

BEFORE THE ATTORNEY GENERAL OF ILLINOIS

AS ADMINISTRATOR OF THE FRANCHISE DISCLOSURE ACT

 

            The undersigned franchisor hereby requests the Administrator to authorize release from

escrow the sum of

 

, plus accrued interest representing the franchise fee paid by

 

on the

 

day of

 

,

 

.

 

            The undersigned franchisor hereby represents that it has fulfilled the initial obligations owed to the franchisee under the franchise and other agreements and that the franchisee has commenced doing business.

 

 

 

 

Franchisor

By:

 

Escrowee Bank

 

Name and Title

 

Address of Bank

Printed Name of Franchisee

Phone Number of Bank

Address of Franchisee

 

(Source:  Amended at 23 Ill. Reg. 11561, effective September 7, 1999)