Illinois Statutes
§ 15-30 — Transfer of ownership, management or location
Illinois·Topic GOVERNMENT·Ch. 20 EXECUTIVE BRANCH·Act 20 ILCS 301/ Substance Use Disorder Act.·Art. Article 15 - Licensure
(a)Each license issued by the Department shall be valid only for the premises and persons named in the application, and shall not be transferable.
(b)Any transfer of 25% or less in the aggregate ownership interest within a one year period shall not be deemed a transfer for purposes of this Section.
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Legislative History
(Source: P.A. 88-80.)
Nearby Sections
15
§ 15
Administration§ 15-1
Short Title§ 15-15
Licensure process§ 15-20
Fees§ 15-25
Renewal of license§ 15-35
Cessation of operations§ 15-40
Display of the license§ 15-45
Notice§ 15-5
Applicability