(225 ILCS 407/10-20)

(Section scheduled to be repealed on January 1, 2030)

Sec. 10-20. Requirements for auction firm license; application. Any corporation, limited liability company, or partnership who desires to obtain an auction firm license shall:

(1) apply to the Department on forms provided by the Department accompanied by the required fee;

(2) provide evidence to the Department that the auction firm has a properly licensed managing auctioneer; and

(3) any requirement as defined by rule.

(Source: P.A. 95-572, eff. 6-1-08; 96-730, eff. 8-25-09.)