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Current as of January 01, 2025 | Updated by Findlaw Staff
§ 7. Unreasonable dealer or franchise restrictions. It shall be unlawful directly or indirectly to impose unreasonable restrictions on the motor vehicle dealer or franchisee relative to transfer, sale, right to renew, termination, discipline, noncompetition covenants, site-control (whether by sublease, collateral pledge of lease, or otherwise), right of first refusal to purchase, option to purchase, compliance with subjective standards and assertion of legal or equitable rights.
Cite this article: FindLaw.com - Illinois Statutes Chapter 815. Business Transactions § 710/7. Unreasonable dealer or franchise restrictions - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-815-business-transactions/il-st-sect-815-710-7/
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