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.