TITLE 14: COMMERCE
SUBTITLE A: REGULATION OF BUSINESS CHAPTER I: SECRETARY OF STATE PART 135 REGULATIONS UNDER THE BUSINESS OPPORTUNITY SALES LAW OF 1995 SECTION 135.351 ADDITIONAL REQUIRED DISCLOSURE FROM SELLER-GUARANTORS
Section 135.351 Additional Required Disclosure from Seller-Guarantors
In addition to filing the information specified in Section 5-35(b) of the Act, sellers who guarantee the business opportunity shall be required to provide the following information as an addendum to the disclosure document including a description of the nature of the guarantee, including, without limitation, the source of funds and other obligations and contingent and off-balance sheet obligations, which, if matured or liquidated, could impair the ability of the guarantor to perform. |