Ill. Admin. Code tit. 68 § 1253.60

Current through Register Vol. 48, No. 45, November 8, 2024

Section 1253.60 - Change of Operations

a) The license shall not be valid:

1) When the business ceases operation;

2) When the entity ceases to operate under the name on the license;

3) When the insurance is nonrenewed or cancelled; or

4) When the license is revoked.

b) The licensee shall notify the Department in writing within 30 days when the business ceases to operate or ceases to operate under the name on the certificate.

c) In the event of a change of the business name, the licensee shall apply for a corrected license in advance of the effective date of such change by notifying the Department, on forms provided by the Department, and paying the appropriate fee as set forth in Section 1253.70.

d) All notices required by this Section shall be sent to the Department at 320 West Washington, 3rd Floor, Springfield, Illinois 62786.

Ill. Admin. Code tit. 68, § 1253.60