14 Ill. Adm. Code 145.802
Exemption for Franchises
Section 140
Section 145.802Â Exemption
for Franchises
Persons registered pursuant to
the Illinois Franchise Disclosure Act of 1987 [815 ILCS 705] (and their
employees) are exempt from the requirements of the Act as to:Â offers and sales
in connection with such franchising activities; or assisting any of their
franchisees in the offer or sale of a franchise by any such franchisee for its
own account, regardless of whether the sale is effected by or through such
registered persons.