Legal Question in Business Law in Illinois

Re: franchise

The answer depends in part on what your articles of incorporation and bylaws say. Absent discussion of the issue in these documents, the Illinois Corporation Act would govern. It is somewhat fact-specific, as a result, so you would need to obtain a formal legal opinion as to your rights.

-- Kenneth J. Ashman; www.AshmanLawOffices.com; [email protected]

The information provided by Ashman Law Offices, LLC (“ALO”) is for general educational purposes only. No attorney-client relationship is established by this communication and no privilege attaches to such communication. ALO is not taking and will not take any action on your behalf and will not be considered your attorney until both you and ALO have signed a written retention agreement. There are strict deadlines, called statutes of limitation, within which claims or lawsuits must be filed. Therefore, if you desire the services of an attorney and decide not to retain ALO on terms acceptable to ALO, you should immediately seek the services of another attorney.