Illinois Compiled Statutes 225 ILCS 425 Collection Agency Act. Section 5

    (225 ILCS 425/5) (from Ch. 111, par. 2008)

    (Section scheduled to be repealed on January 1, 2016)

    Sec. 5. Application for registration shall be made to the Director on forms provided by the Department, shall be accompanied by the required fee and shall state:

        (1) the applicant's name and address;

        (2) the names and addresses of the officers of the

    collection agency and, if the collection agency is a corporation, the names and addresses of all persons owning 10% or more of the stock of such corporation, if the collection agency is a partnership, the names and addresses of all partners of the partnership holding a 10% or more interest in the partnership, and, if the collection agency is a limited liability company, the names and addresses of all members holding 10% or more interest in the limited liability company; and

        (3) such other information as the Department may deem

    necessary.

(Source: P.A. 94-414, eff. 12-31-05.)

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Last modified: February 18, 2015