92 Ill. Adm. Code 1480.140

License Extension upon the Death or Disassociation of Partner

Year: 2026Length: 180 wordsOfficial source
Section 1480.140  License Extension upon the Death or Disassociation of Partner a)         A partnership shall submit written notice on a form containing the information prescribed by the Commission or in the form of a letter to the Commission.  Incomplete or incorrect written notices shall be refused or rejected by the Commission.  If the partnership submits the written notice in the form of a letter, the letter shall provide, at minimum, the following information: 1)         Full legal name of the partnership; 2)         Business address of the partnership; 3)         Business telephone of the partnership; 4)         Identifying number of the license; 5)         Full legal name of the deceased or disassociated partner; 6)         Full legal name of every partner; 7)         Address of every partner; 8)         Telephone number of every partner; 9)         Date of death of the deceased partner or date of disassociation of the disassociated partner; 10)         Brief statement requesting extension; and 11)         Notarized signature of the notifying partner. b)         In case of death of a partner, the partnership shall submit, along with the written notice, a copy of the deceased partner's death certificate.
92 Ill. Adm. Code 1480.140: License Extension upon the Death or Disassociation of Partner | Justis AI