Sec. 5-5.25. Ongoing business.
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/il/chapter-815/act-602/5-5-25A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.