77 Ill. Adm. Code 385.1030
Ownership Change or Discontinuation
Section 385
Section 385.1030Â Ownership
Change or Discontinuation
a)        The license is not transferable. It is issued to a specific
licensee and for a specific location(s). A licensee may have one license to
service more than one geographic location. The license shall immediately
become void and shall be returned to the Department when the facility is sold
or leased; when operation is discontinued; when operation is moved to a new
location; or when the corporation which is the licensee dissolves or
terminates.
b)Â Â Â Â Â Â Â Â A license issued to a corporation shall become null, void and
of no further effect upon the dissolution of the corporation. The license
shall not be revised if the corporation is subsequently reinstated. A new
license must be obtained in such cases.