(625 ILCS 5/3-900) (from Ch. 95 1/2, par. 3-900)
Sec. 3-900.
(Repealed).
(Source: P.A. 88-470. Repealed by P.A. 90-89, eff. 1-1-98.)
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(625 ILCS 5/3-901) (from Ch. 95 1/2, par. 3-901)
Sec. 3-901. Purpose of Article.
Many persons throughout the State hold themselves out to the public as
being engaged in, and have engaged in, accepting money from members of the
public for remittance to the State of Illinois, and its licensing and
taxing agencies in payment of registration plates, vehicle certificates of title, taxes, or
registration fees. Some of these persons have failed to make such
remittance with the consequent loss to the remitters. It is the public
policy of this State that its people be protected against such hazards.
(Source: P.A. 97-832, eff. 7-20-12.)
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(625 ILCS 5/3-902) (from Ch. 95 1/2, par. 3-902)
Sec. 3-902. Application of Article. This Article shall not apply to any person who, in connection with the issuance of a
license to him to conduct a business in this State other than a remitter's license, shall have filed,
pursuant to a statutory requirement, a surety bond covering the proper
discharge of any liability incurred by him in connection with the
acceptance for remittance of money for the purposes designated in the
Article pursuant to which he or she is licensed.
(Source: P.A. 97-832, eff. 7-20-12; 98-463, eff. 8-16-13.)
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(625 ILCS 5/3-903) (from Ch. 95 1/2, par. 3-903)
Sec. 3-903. License.
It shall be unlawful for any person to
act as a "remittance agent" in the State of Illinois without first having
obtained or renewed a license and posted a bond, as
hereafter provided.
(Source: P.A. 97-832, eff. 7-20-12.)
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(625 ILCS 5/3-904) (from Ch. 95 1/2, par. 3-904)
Sec. 3-904. Application; contents; affidavits; prelicense education certification. (a) Any person who desires to act as a "remittance agent" shall first file
with the Secretary of State a written application for a license. The
application shall be under oath and shall contain the following:
1. The name and address of the applicant.
2. The address of each location at which the | ||
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3. The applicant's business, occupation or | ||
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4. A statement disclosing whether he has been | ||
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5. A statement that the applicant has not committed | ||
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6. Any other information concerning the business of | ||
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(b) The application under subsection (a) shall be accompanied by the affidavits of two persons
residing in the city or town of such applicant's residence. Such affiants
shall state that they have known the applicant for a period of at least two
years; that the applicant is of good moral character and that his
reputation for honesty and business integrity in the community in which he
resides is good. If the applicant is not an individual, the requirements of
this paragraph shall apply to each of its officers or members.
(c) The application under subsection (a) shall be
accompanied by a copy of the certification from the
prelicensing education program required by Section 3-904.5. (Source: P.A. 101-505, eff. 1-1-20 .)
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(625 ILCS 5/3-904.2) Sec. 3-904.2. Remittance agent background check. Each applicant for a remittance license shall have his or her fingerprints submitted to the Department of State Police in an electronic format that complies with the form and manner for requesting and furnishing criminal history record information as prescribed by the Department of State Police. These fingerprints shall be checked against the Department of State Police and Federal Bureau of Investigation criminal history record databases now and hereafter filed, including, but not limited to, civil, criminal, and latent fingerprint databases. The Department of State Police shall charge applicants a fee for conducting the criminal history records check, which shall be deposited in the State Police Services Fund and shall not exceed the actual cost of the records check. The Department of State Police shall furnish, pursuant to positive identification, records of Illinois convictions to the Secretary of State.
(Source: P.A. 101-505, eff. 1-1-20 .) |
(625 ILCS 5/3-904.5) Sec. 3-904.5. Remittance agent prelicensing education program courses. (a) An applicant for a license as a remittance agent shall
complete a minimum of 8 hours of prelicensing education program
courses under this Section prior to submitting an application
to the Secretary of State. (b) To meet the requirements of this Section, at least one
person who is associated with the remittance agent as an owner,
principal, corporate officer, director, or member or partner of
a limited liability company or limited liability partnership
shall complete the education program courses. (c) The prelicensing education program courses shall be
provided by public or private entities with an expertise in the
area as approved by the Secretary of State. The Secretary of
State must approve course curricula and instruction, in
consultation with the Department of Transportation and any
private entity with expertise in the area in the Secretary's
discretion. (d) Each person who successfully completes an approved
prelicensing education program under this Section shall be
issued a certificate by the education program provider. The
current certificate of completion, or a copy of the current
certificate, shall be posted conspicuously in the principal
office of the licensee. (e) The provisions of this Section apply to all remittance
agents including, but not limited to, persons, corporations,
and partnerships, except for the following: (1) motor vehicle rental companies having a national | ||
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(2) national motor vehicle auction companies; (3) wholesale dealer-only auction companies; (4) used vehicle dealerships owned by a franchise | ||
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(5) banks, credit unions, and savings and loan | ||
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(Source: P.A. 101-505, eff. 1-1-20 .) |