(225 ILCS 645/5.1) (from Ch. 111, par. 405.1)
Sec. 5.1.
A licensed livestock dealer may upon written request to the
Department and upon paying the required fee, obtain an agent's permit for
any person whom the dealer wishes to represent him. The Department may
refuse to issue or renew or may suspend or revoke an agent's permit on the
same grounds as for refusal to issue, renew, suspend or revoke a dealer's
license. The dealer shall not permit an agent to conduct livestock
transactions other than as a part of the dealer's business and the
dealer shall be responsible for all livestock transactions conducted
by his agent. An agent may not conduct transactions in his own behalf unless
he is licensed as a livestock dealer. An agent's permit may be renewed by
listing the agent's name
and address on the application for renewal license and paying the required fee.
The surety bond, trust fund agreement or letter of credit filed by the
licensee with the Department shall cover all livestock dealer transactions of the agent.
(Source: P.A. 84-294.)
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