TITLE 68: PROFESSIONS AND OCCUPATIONS
CHAPTER VII: DEPARTMENT OF PROFESSIONAL REGULATION
SUBCHAPTER b: PROFESSIONS AND OCCUPATIONS
PART 1210 COLLECTION AGENCY ACT
SECTION 1210.105 CHANGE OF OWNERSHIP


 

Section 1210.105  Change of Ownership

 

When 51% of the assets, stock or equity of a collection agency are sold, a new collection agency application shall be filed with the Department in accordance with Section 1210.25.

 

(Source:  Added at 17 Ill. Reg. 1535, effective January 25, 1993)