Bill Text: IL HB2104 | 2011-2012 | 97th General Assembly | Amended

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Bill Title: Amends the Business Opportunity Sales Law of 1995. Provides that a business opportunity disclosure document shall contain a statement informing the prospective purchaser that he or she will be provided 14 days (rather than 10 business days) to review the disclosure document before signing any contract or agreement or making any payment to the seller or the seller's representative. Also amends the Limited Liability Company Act. Provides that a limited liability company may be formed for the purpose of practicing medicine if, among other conditions, each member is a hospital affiliate as defined in the Hospital Licensing Act. Effective immediately.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Failed) 2013-01-08 - Session Sine Die [HB2104 Detail]

Download: Illinois-2011-HB2104-Amended.html

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Rep. Chapin Rose

Filed: 3/8/2011

09700HB2104ham001 LRB097 05288 AEK 51930 a
AMENDMENT TO HOUSE BILL 2104
AMENDMENT NO. ______. Amend House Bill 2104 on page 2, line
10 by inserting "hospital or" after "(D) a".