(815 ILCS 350/8) (from Ch. 121 1/2, par. 157.8)
Sec. 8.
Duration of sale - License fee.
A license to conduct a sale issued pursuant to this Act shall not be
issued or valid for a period of more than 60 days from the start of such
sale, and such sale may be conducted only during the period set forth in
such license; provided, however, that such license may be renewed once only
for a period not to exceed 30 days upon affidavit of the licensee that the
goods listed in the inventory have not been disposed of and that no new
goods have been or will be added to the inventory previously filed pursuant
to this Act, by purchase, acquisition on consignment or otherwise. The
application for renewal of the license shall be made not more than 14 days
prior to the time of the expiration of the license and shall contain a new
inventory of the goods remaining on hand at the time the application for
renewal is made, which new inventory shall be prepared and furnished in the
same manner and form as the original inventory. No renewal shall be granted
if any goods have been added to the stock listed in the inventory since the
date of the issuance of the license. A fee of no more than $75.00 shall accompany an
application for a license and for the renewal of a license.
(Source: P.A. 84-1297.)
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