"Principal of an investment adviser" means any officer, director, partner, member, trustee or manager of such investment adviser who is responsible for the supervision of the registered representatives in this State of such investment adviser, and for management of the daily business operations in this State of such investment adviser.
815 ILCS 5/2.12a
Known as the Illinois Securities Law
The act spans §§ 815-5-1 to 815-5-9 (75 sections).
P.A. 85-1445.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.