Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE14. COMMERCE |
PART145. REGULATIONS UNDER THE ILLINOIS LOAN BROKERS ACT OF 1995 |
SUBPARTE. EXEMPTIONS |
§145.805. Exemption for the Designation of Certified Turnaround Professional (CTP)
Latest version.
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Any individual who has the designation of Certified Turnaround Professional (CTP) by the Association for Certified Turnaround Professional, while engaged in the practice of a Certified Turnaround Professional and whose service in relation to the loan broker transaction is incidental to his or her practice, is exempt from the requirements of this Act.
(Source: Added at 22 Ill. Reg. 7233, effective April 15, 1998)