815 ILCS 602/5-5.25

815 ILCS 602/5-5.25
in effect
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(815 ILCS 602/5-5.25) Sec. 5-5.25. Ongoing business. "Ongoing business" means an existing business that, for at least 6 months prior to the offer, has been operated from a specific location, has been open for business to the general public and has substantially all of the equipment and supplies necessary for operating the business. (Source: P.A. 89-209, eff. 1-1-96.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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