Material business changes

205 ILCS 731/20-25, under Supervision.

205 ILCS 731/20-25

(205 ILCS 731/20-25)

    Sec. 20-25. Material business changes.     (a) A registrant shall file with the Department a report of the following, as may be applicable:         (1) A material change in information in the     application for a registration under this Act or the most recent renewal report of the registrant under this Act.         (2) A material change in the registrant's business     for the conduct of its digital asset business activity with or on behalf of a resident.         (3) A change of an affiliate, executive officer,     responsible individual, or person in control of the registrant.     (b) A report required by this Section shall be filed not later than 15 days after the change described in subsection (a).

(Source: P.A. 104-428, eff. 8-18-25.)