(225 ILCS 425/7)
(from Ch. 111, par. 2010)
(Section scheduled to be repealed on January 1, 2026)
Qualifications for license.
In order to be qualified to obtain a license or a renewal license under this Act, a collection agency's officers shall:
(a) be of good moral character and of the age of 18
(b) (blank); and
(c) have an acceptable credit rating, have no
unsatisfied judgments; and not have been officers and owners of 10% or more interest of a former licensee under this Act whose license was suspended or revoked without subsequent restoration.
(Source: P.A. 99-227, eff. 8-3-15; 100-132, eff. 8-18-17.)