TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 360 LICENSING AND REGULATION OF PAWNBROKERS
SECTION 360.100 PURPOSE


 

Section 360.100  Purpose

 

a)         This Part sets forth:

 

1)         where required applications and notices must be filed;

 

2)         the contents of the application package;

 

3)         the locations where the application package may be obtained;

 

4)         the procedures to be followed by both the Secretary and the applicant during the processing of an application or notice;

 

5)         the fee which will be levied for each type of application or notice;

 

6)         the standards for licensure;

 

7)         the procedures to be followed by both the Secretary and a licensee relating to a change in location or name of a pawnshop;

 

8)         the procedures to be followed by the Secretary, a licensee and an acquiring party relating to a change in control or form of ownership of a pawnshop;

 

9)         the procedures to be followed by both the Secretary and a licensee relating to the renewal of a license; and

 

10)       requirements relating to the display of a license.

 

b)         A comprehensive fee schedule established by the Secretary is set forth in Section 350.20, will be available on our website at http://www.obre.state.il.us/ cbt/PAWNBROK/pawnfee.htm and can also be provided in hardcopy upon written request.

 

(Source:  Amended at 35 Ill. Reg. 14957, effective September 9, 2011)