Skip to main content
Find a Lawyer

Illinois Statutes Chapter 815. Business Transactions § 412/15. Notice of sale of a local news organization

Current as of January 01, 2025 | Updated by Findlaw Staff

§ 15. Notice of sale of a local news organization. A local news organization shall not be sold to a company without giving written notice 120 days before the sales occurs to the following:

(1) affected employees and representatives of affected employees;

(2) the Department and the county government in which the local news organization is located; and

(3) any in-State nonprofit organization in the business of buying local news organizations.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Illinois Statutes Chapter 815. Business Transactions § 412/15. Notice of sale of a local news organization - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-815-business-transactions/il-st-sect-815-412-15/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard