205 ILCS 740/5

Current through Public Act 103-1052
Section 205 ILCS 740/5 - [Section Scheduled to be Repealed 1/1/2026] Application for original license

Application for an original license shall be made to the Secretary on forms provided by the Department or through a multi-state licensing system as designated by the Secretary. The application shall be accompanied by the required fee and shall state:

(1) the applicant's name and address;
(2) the names and addresses of the officers of the collection agency and, if the collection agency is a corporation, the names and addresses of all persons owning 10% or more of the stock of such corporation, if the collection agency is a partnership, the names and addresses of all partners of the partnership holding a 10% or more interest in the partnership, if the collection agency is a limited liability company, the names and addresses of all members holding 10% or more interest in the limited liability company, and if the collection agency is any other legal business entity, the names and addresses of all persons owning 10% or more interest in the entity; and
(3) such other information as the Department may deem necessary.

205 ILCS 740/5

P.A. 81-1381.
Amended by P.A. 102-0975,§ 10, eff. 1/1/2023.
Renumbered from 225 ILCS 425/5 by P.A. 102-0975,§ 95, eff. 1/1/2023.
Amended by P.A. 100-0132,§ 5, eff. 8/18/2017.
Amended by P.A. 099-0227,§ 945, eff. 8/3/2015.
Amended by P.A. 094-0414, § 10, eff. 12/31/2005.