Section 1210.25  Application for Registration

All applications for registration as a collection agency shall be submitted to the Department, on forms provided by the Department, and include:

a)         The name and address of all officers of the collection agency (as defined in Section 1210.20).  The address shall be an actual street address and shall include the city, state and zip code.  A post office box number is not acceptable as an address;

b)         Proof of a $25,000 surety bond;

c)         The name of the bank, savings and loan association or other required depository in which the trust account shall be maintained; and

d)         The required fee set forth in Section 1210.237.

(Source:  Amended at 24 Ill. Reg. 508, effective December 31, 1999)