Illinois — Franchise Investment Bond
Use the Illinois Attorney General's actual franchisor bond request to prepare the published Surety Bond, Appendix E. Its conditions address Franchise Disclosure Act compliance, covered damages and promised franchise-agreement items. The model runs for four full years after execution, not a period copied from another State.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- Illinois
- Bond type
- Business Opportunity / Franchise Bond
- Category
- Business operations & taxes
What this bond does
Secure the franchisor's compliance with the Illinois Franchise Disclosure Act and its rules and orders, covered damages from violations or misrepresentation, and completion of the obligations described in the accepted franchise agreements.
- Who needs it
- The legal franchisor applying to register an Illinois franchise offering and responding to the Attorney General's bond requirement. This is not the franchisee's operating-license bond or an investment adviser's undertaking.
- Who it protects
- The Administrator, Illinois Attorney General, is the named obligee. The model contemplates assignment to the respective purchasers upon sale and covers specified Act violations, misleading statements or omissions, and failures to complete promised agreement obligations. Follow the accepted undertaking and any actual assignment for enforcement.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.
Sources
- Illinois Attorney General: franchise information and selected surety forms (opens in a new tab)Checked October 27, 2026
- Illinois Attorney General: complete Surety Bond, Appendix E (opens in a new tab)Checked October 27, 2026
Have these ready
- Obtain the Attorney General's actual franchisor registration bond condition and required sum.
- Match the legal franchisor, Illinois-authorized surety and Administrator.
- Confirm the proposed registration date and number of Illinois franchises proposed to be offered within its first year.
- Arrange the accepted execution and record the date that starts the model's four-year period.
- Coordinate the executed bond, registration submission and any actual purchaser assignment.
Questions about this bond
Which Form E is the surety bond?
The Attorney General's current directory places Surety Bond, Appendix E, under Surety Bond Forms. The registration-forms list also has a Form E called Guaranty of Performance. Follow the surety-bond link and the actual request; the two documents serve different arrangements.
Does the proposed one-year offering period make this a one-year bond?
No. The model asks how many franchises will be offered within one year after the proposed registration becomes effective, but separately states that the bond runs continuously for four full years after execution. Use the correct date for each provision.
What follows Purchase Now?
Propeller's Illinois franchise investment application opens in a new tab. Match the franchisor, Attorney General's requirement, Appendix E condition, required sum, execution date and accepted paperwork before finalizing. Submit the executed undertaking through the actual registration process; the provider application does not register the franchise offering.