Application for original license

205 ILCS 740/5, under Collection Agency Act.

205 ILCS 740/5

(205 ILCS 740/5) (was 225 ILCS 425/5)     Sec. 5. Application for original license. Application for an original license shall be made to the Secretary on forms provided by the Department or through a multi-state licensing system as designated by the Secretary. The application shall be accompanied by the required fee and shall state:         (1) the applicant's name and address;         (2) the names and addresses of the officers of the     collection agency and, if the collection agency is a corporation, the names and addresses of all persons owning 10% or more of the stock of such corporation, if the collection agency is a partnership, the names and addresses of all partners of the partnership holding a 10% or more interest in the partnership, if the collection agency is a limited liability company, the names and addresses of all members holding 10% or more interest in the limited liability company, and if the collection agency is any other legal business entity, the names and addresses of all persons owning 10% or more interest in the entity; and        (3) such other information as the Department may deem     necessary.(Source: P.A. 102-975, eff. 1-1-23.)