Ill. Admin. Code tit. 68, § 1253.60 - Change of Operations
a) The
license shall not be valid:
1) When the
business ceases operation;
2) When
the entity ceases to operate under the name on the license;
3) When the insurance is nonrenewed or
cancelled; or
4) When the license
is revoked.
b) The
licensee shall notify the Department in writing within 30 days when the
business ceases to operate or ceases to operate under the name on the
certificate.
c) In the event of a
change of the business name, the licensee shall apply for a corrected license
in advance of the effective date of such change by notifying the Department, on
forms provided by the Department, and paying the appropriate fee as set forth
in Section
1253.70.
d) All notices required by this Section shall
be sent to the Department at 320 West Washington, 3rd Floor, Springfield,
Illinois 62786.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.