Illinois Compiled Statutes 240 Warehouses: Article -
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 0.01
Short title. This Act may be cited as the Safety Deposit License Act. (Source: P.A. 86-1324.)
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 1
For the purposes of this Act: "Person" means any individual, firm, corporation, association, trust or other association of individuals. "Director" means the Director of...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 2
No person, except as hereinafter provided, shall engage in the business of renting or permitting the use of for compensation, safety deposit boxes, safes,...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 3
This Act does not apply to: 1. Any banking or savings and loan institution or credit union organized under the laws of this State...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 4
Application for a license shall be made to the Director upon a form furnished by him. The application shall contain the following information and...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 5
If the applicant is a corporation the application shall state: a. Name of state in which applicant is incorporated; b. Date of corporate charter...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 6
If applicant is an unincorporated entity of any type, a partnership or sole proprietorship, and the business name or title used is such as...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 7
If applicant is a partnership, the names and addresses of all partners and a statement as to whether or not, or to what extent,...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 8
If applicant is a common law or business trust, the names and addresses of each trustee and of all beneficiaries in the trust and...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 9
If applicant is under direct or indirect common control with, or is controlled by any other person, partnership, corporation or other entity the application...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 10
If applicant has heretofore been licensed: a. Date of prior license or licenses issued; b. Date prior license or licenses expired; c. Date prior...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 11
Each application shall be accompanied by a supplementary statement executed and submitted by the individual owner of a sole proprietorship; by each partner (whether...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 12
The nature and tenure of each period of employment or business of affiant for at least ten years immediately preceding the date of his...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 13
If the applicant named in the supplementary statement is a corporation, or an incorporated association, the amount of capital stock or invested interest owned...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 14
If partnership or unincorporated association, the limitation of liability of the affiant as a partner or member thereof shall be stated in the supplementary...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 15
The supplementary statement shall state whether or not the affiant is connected with, or holds financial interest, in, any other person, partnership, association or...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 16
If affiant is engaged in, associated or connected in any way with, any other business, occupation, profession, or activities, other than that of the...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 17
The supplementary statement must contain the names and addresses of 3 reputable persons to whom the Director may address inquiries relative to the experience,...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 18
A statement as to whether or not the affiant under present name or any former name, has ever been denied a license, or has...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 19
No applicant shall be issued a license who: 1. Is not a citizen of the United States; 2. Has been convicted of a felony;...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 20
The application shall be accompanied by a Certificate of Inspection made by a vault service company which has been approved by the Director and...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 21
Each applicant shall submit with his application, a specimen form of all types of contract, agreement, or other writings to be used between applicant...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 22
The Director shall issue a license to an applicant who has complied with this Act and who has submitted with his application, a fee...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 22.1
All moneys received by the Department of Financial Institutions under this Act shall be deposited in the Financial Institution Fund created under Section 6z-26 of...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 23
The Director, by his agents, shall inspect at least once in each license period, the license, safety deposit boxes, safes, vault or other facilities...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 24
If any person's license is revoked such person shall give notice of the revocation to all renters within ten days after the revocation, whereupon...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 25.01
All final administrative decisions of the Director hereunder shall be subject to judicial review pursuant to the provisions of the Administrative Review Law, and...
- Illinois Safety Deposit License Act. - 240 ILCS 5, Section 27
Whoever violates any provision of this Act shall be guilty of a petty offense. Each day of a violation shall be considered a separate...
Last modified: February 18, 2015