Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE14. COMMERCE |
PART200. FRANCHISE DISCLOSURE ACT |
SUBPARTJ. REGISTRATION OF SALESPERSONS |
Section200.APPENDIX C. Escrow Forms |
§200.ILLUSTRATION C. Franchisee's Petition For Release of Escrowed Funds
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IN THE MATTER OF:
FRANCHISOR:
FRANCHISEE:
BEFORE THE ATTORNEY GENERAL OF ILLINOIS
AS ADMINISTRATOR FOR THE FRANCHISE DISCLOSURE ACT
The undersigned franchisee hereby requests the Administrator to authorize release from
escrow the sum of $
, plus accrued interest representing the franchise fee paid
by me on the
day of
,
.
The undersigned franchisee hereby represents that the franchisor has not fulfilled the initial obligations owed to me under the franchise and other agreements and that I have not commenced doing business.
Franchisee Signature
Printed Name of Franchisee
Address of Franchisee
Subscribed and sworn to before me this
day of
,
.
Notary Public
(Source: Amended at 23 Ill. Reg. 11561, effective September 7, 1999)