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95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB2648
Introduced 2/26/2007, by Rep. Michael J. Madigan - Barbara Flynn Currie 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 technical change in a
Section concerning the creation of the Franchise Advisory Board.
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A BILL FOR
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HB2648 |
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LRB095 00873 LCT 20875 b |
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| AN ACT concerning business.
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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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| the 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 on franchising |
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| and franchise related matters. The members shall
be persons who |
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| have knowledge and experience in franchising. The members
of |
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| the Franchise Advisory Board shall serve at the pleasure of the
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| Administrator. The Franchise Advisory Board from time to time |
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| shall make
recommendations concerning the administration and |
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| enforcement of this Act.
Members of the Franchise Advisory |
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| Board shall serve without compensation
but shall be reimbursed |
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| for actual and necessary expenses incurred in their
official |
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| capacities. The Board shall select its own chairman, establish
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| rules and procedures, and keep a record of matters transpiring |
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| at all meetings. |
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| (Source: P.A. 85-551.)
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