225 ILCS 407/10-20

in effect

(225 ILCS 407/10-20) (Section scheduled to be repealed on January 1, 2030) Sec. 10-20. Requirements for auction firm license; application. Any corporation, limited liability company, or partnership who desires to obtain an auction firm license shall: (1) apply to the Department on forms provided by the Department accompanied by the required fee; (2) provide evidence to the Department that the auction firm has a properly licensed managing auctioneer; and (3) any requirement as defined by rule. (Source: P.A. 95-572, eff. 6-1-08; 96-730, eff. 8-25-09.)

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026