Illinois General Assembly - Illinois Compiled Statutes

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225 ILCS 407/10-20

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(Section scheduled to be repealed on January 1, 2030)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