Illinois Statutes
§ 2-1 — Licensee name
Illinois·Topic REGULATION·Ch. 205 FINANCIAL REGULATION·Act 205 ILCS 635/ Residential Mortgage License Act of 1987.·Art. Article II - Licensing Procedure
(a)No person, partnership, association, corporation, limited liability company, or other entity engaged in the business regulated by this Act shall operate such business under a name other than the real names of the entity and individuals conducting such business. Such business may in addition operate under an assumed corporate name pursuant to the Business Corporation Act of 1983, an assumed limited liability company name pursuant to the Limited Liability Company Act, or an assumed business name pursuant to the Assumed Business Name Act.
(b)A knowing violation of this Section constitutes an unlawful practice within the meaning of this Act, and in addition to the administrative relief available under this Act, may be prosecuted for the commission of a Class A misdemeanor. A person who is
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Legislative History
(Source: P.A. 99-15, eff. 1-1-16 .)
Nearby Sections
15
§ 2
§ 2§ 2-1
Licensee name§ 2-10
§ 2-10§ 2-11
Miscellaneous fees§ 2-3
Application form§ 2-4.5
Exemptions§ 2-6.5
Directors