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Current as of January 01, 2025 | Updated by Findlaw Staff
§ 9.1. The obligations of wholesalers, manufacturers and distributors created under this Act apply to any successors in interest or assignees of such wholesalers, manufacturers and distributors. A successor in interest includes any purchaser of substantially all of the assets or over 50% of the stock, any surviving corporation resulting from a merger or liquidation, any receiver or any trustee of the original wholesaler, manufacturer or distributor.
Cite this article: FindLaw.com - Illinois Statutes Chapter 815. Business Transactions § 715/9.1. Successors in interest or assignees - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-815-business-transactions/il-st-sect-815-715-9-1/
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