(225 ILCS 407/10-5)
(Section scheduled to be repealed on January 1, 2020)
Sec. 10-5. Requirements for auctioneer license; application. Every person who desires to obtain an auctioneer license under this Act shall:
(1) apply to the Department on forms provided by the
Department accompanied by the required fee;
(2) be at least 18 years of age;
(3) have attained a high school diploma or
successfully completed an equivalent course of study determined by an examination conducted by the Illinois State Board of Education;
(4) pass a written examination authorized by the
Department to prove competence, including but not limited to general knowledge of Illinois and federal laws pertaining to personal property contracts, auctions, real property, ethics, and other topics relating to the auction business; and
(5) submit to the Department a properly completed
45-Day Permit Sponsor Card on forms provided by the Department.
(Source: P.A. 95-572, eff. 6-1-08.)
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Last modified: February 18, 2015