TITLE 68: PROFESSIONS AND OCCUPATIONS
CHAPTER VII: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
SUBCHAPTER b: PROFESSIONS AND OCCUPATIONS
PART 1210 COLLECTION AGENCY ACT
SECTION 1210.110 TERMINATION OR CHANGE IN REGISTRATION


 

Section 1210.110  Termination or Change in Registration

 

a)         The certificate of registration shall terminate:

 

1)         When the agency ceases operation;

 

2)         When the bond is nonrenewed or cancelled; or

 

3)         When the certificate of registration is revoked.

 

b)         The agency shall notify the Division in writing by certified mail within 10 days when the agency ceases to operate or ceases to operate under the name on the certificate.  Notice of bond termination is set forth in Section 8 of the Act.

 

c)         In the event of a change of the agency name, the registrant shall notify the Division, submit proof of the name change, return the original license and pay the fee required in Section 1210.237.  A new license will be issued with the corrected name.

 

d)         All notices required by this Section shall be sent to the Department of Financial and Professional Regulation-Division of Professional Regulation, 320 West Washington, 3rd Floor, Springfield, Illinois 62786.

 

(Source:  Amended at 35 Ill. Reg. 12872, effective July 20, 2011)