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93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB5653
Introduced 2/6/2004, by Michael J. Madigan SYNOPSIS AS INTRODUCED:
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815 ILCS 705/21 |
from Ch. 121 1/2, par. 1721 |
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Amends the Franchise Disclosure Act of 1987. Makes a stylistic change in a
Section concerning the creation of the Franchise Advisory Board.
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A BILL FOR
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HB5653 |
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LRB093 16872 RCE 42526 b |
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| AN ACT concerning franchises.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5. The Franchise Disclosure Act of 1987 is amended |
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| by changing
Section 21 as follows:
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| (815 ILCS 705/21) (from Ch. 121 1/2, par. 1721)
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| Sec. 21. Franchise Advisory Board. There is created in the
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| Office of
the Administrator a Franchise Advisory Board. The |
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| Franchise Advisory Board
shall consist of such members as the |
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| Administrator deems appropriate to
advise him or her on |
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| franchising and franchise related matters. The
members shall
be |
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| persons who have knowledge and experience in franchising. The |
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| members
of the Franchise Advisory Board shall serve at the |
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| pleasure of the
Administrator. The Franchise Advisory Board |
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| from time to time shall make
recommendations concerning the |
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| administration and enforcement of this Act.
Members of the |
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| Franchise Advisory Board shall serve without compensation
but |
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| shall be reimbursed for actual and necessary expenses incurred |
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| in their
official capacities. The Board shall select its own |
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| chairman, establish
rules and procedures, and keep a record of |
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| matters transpiring at all meetings.
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| (Source: P.A. 85-551.)
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