§360.100. Purpose

This Part sets forth:

 

a)         where required applications and notices must be filed;

 

b)         the contents of the application package;

 

c)         the locations where the application package may be obtained;

 

d)         the procedures to be followed by both the Secretary and the applicant during the processing of an application or notice;

 

e)         the fee which will be levied for each type of application or notice;

 

f)         the standards for licensure;

 

g)         the procedures to be followed by both the Secretary and a licensee relating to a change in location or name of a pawnshop;

 

h)         the procedures to be followed by the Secretary, a licensee and an acquiring party relating to a change in control or form of ownership of a pawnshop;

 

i)          the procedures to be followed by both the Secretary and a licensee relating to the renewal of a license; and

 

j)          requirements relating to the display of a license.

 

(Source:  Amended at 46 Ill. Reg. 17955, effective October 27, 2022)