ILCS » Chapter 815 · Act 307
Illinois Compiled Statutes

815 ILCS 307/10-105 (2026)

Scope of the Act

✓ current as of May 2026
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(815 ILCS 307/10-105)
    Sec. 10-105. Scope of the Act. This Act shall apply only when the person engaging or seeking to engage the business broker is domiciled in this State or when the company or business sought to be sold has its principal place of business in this State. Notwithstanding any other provision of this Section, a lien on property arising under Section 10-115 is enforceable only against tangible property located in this State.
(Source: P.A. 90-70, eff. 7-8-97; 91-534, eff. 1-1-00.)

    
Notes of Decisions
Cited in 2 cases, 2012–2013 · leading case: Sheth v. SAB Tool Supply Co., 2013 IL App (1st) 110156 (Ill. App. Ct. 2013).
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Sheth v. SAB Tool Supply Co., 2013 IL App (1st) 110156 (Ill. App. Ct. 2013). · cites it 2× “” 815 ILCS 307/10-105 (West 2010). An entity is considered domiciled in its principal place of business and its place of incorporation.”
Zang v. All. Fin. Servs. of Illinois, Ltd., 875 F. Supp. 2d 865 (N.D. Ill. 2012). “As for Count VIII, for violation of the Illinois Business Broker’s Act, 815 ILCS 307/10-105, defendants also argue that plaintiff lacks standing to assert that claim.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.