(625 ILCS 5/3-904)
(from Ch. 95 1/2, par. 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
applicant intends to act as a remittance agent.
3. The applicant's business, occupation or
4. A statement disclosing whether he has been
involved in any civil or criminal litigation and if so, the material facts pertaining thereto.
5. A statement that the applicant has not committed
in the past 3 years any violation as determined in any civil, criminal, or administrative proceedings under the Retailers' Occupation Tax Act or under Article I or VII of Chapter 3 of this Code.
6. Any other information concerning the business of
the applicant that the Secretary of State may prescribe.
(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