Ill. Admin. Code tit. 50, § 651.40 - Acquisition of Control - Form of Statement Filing
Current through Register Vol. 46, No. 15, April 8, 2022
a) A person required to file a statement
pursuant to Sections 131.4, 131.5 and 131.6 of the Code shall furnish the
required information in the format designated on Form A, as specified in the
instructions of that form, which is in Illustration A.
b) Acquiring parties, otherwise subject to
the requirements of Section 651.40, who seek exemption pursuant to the
provisions of Code Section 131.4 or
131.10 shall submit to
the Director a typewritten, sworn statement setting forth the particulars of
the acquiring party or the transaction that the acquiring party believes meet
the criteria for an exemption under Code Section 131.4 or 131.10. If, upon
examination of the information submitted by the acquiring party, the Director
determines that the statutory criteria of Section 131.4 or 131.10, as
appropriate, have been met, then the Director shall enter an Order on the
exemption request within 30 days after receipt of the request.
Notes
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