Insolvency

815 ILCS 307/10-5.17
in effect
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(815 ILCS 307/10-5.17) Sec. 10-5.17. Insolvency. "Insolvency" means the rendering of a business broker financially unable to perform any contractual obligations of its business brokering duties. (Source: P.A. 90-70, eff. 7-8-97.)
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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