TITLE 68: PROFESSIONS AND OCCUPATIONS
CHAPTER VII: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
SUBCHAPTER b: PROFESSIONS AND OCCUPATIONS
PART 1210 COLLECTION AGENCY ACT
SECTION 1210.105 CHANGE OF OWNERSHIP
CHAPTER VII: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
SUBCHAPTER b: PROFESSIONS AND OCCUPATIONS
PART 1210 COLLECTION AGENCY ACT
SECTION 1210.105 CHANGE OF OWNERSHIP
Section 1210.105 Change of Ownership
When one share more than 50% of the assets, stock or equity of a collection agency are transferred, a new collection agency application shall be filed with the Division in accordance with Section 1210.25.
(Source: Amended at 35 Ill. Reg. 12872, effective July 20, 2011)