Illinois Compiled Statutes 225 ILCS 407 Auction License Act. Section 10-30

    (225 ILCS 407/10-30)

    (Section scheduled to be repealed on January 1, 2020)

    Sec. 10-30. Expiration, renewal, and continuing education.

    (a) License expiration dates, renewal periods, renewal fees, and procedures for renewal of licenses issued under this Act shall be set by rule of the Department. An entity may renew its license by paying the required fee and by meeting the renewal requirements adopted by the Department under this Section.

    (b) All renewal applicants must provide proof as determined by the Department of having met the continuing education requirements set forth by the Department by rule. At a minimum, the rules shall require an applicant for renewal licensure as an auctioneer to provide proof of the completion of at least 12 hours of continuing education during the pre-renewal period preceding the expiration date of the license from schools approved by the Department, as established by rule.

    (c) The Department, in its discretion, may waive enforcement of the continuing education requirements of this Section and shall adopt rules defining the standards and criteria for such waiver.

    (d) (Blank).

(Source: P.A. 95-572, eff. 6-1-08; 96-730, eff. 8-25-09.)

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Last modified: February 18, 2015