Illinois § 18c-5104
Full text of Illinois Illinois Compiled Statutes § 18c-5104, with citation guidance and answers to common questions.
§ 18c-5104.
(from Ch. 95 1/2, par. 18c-5104) Sec. 18c-5104. Transfer of Brokers' Licenses. (1) Transfer of Brokers' Licenses Permitted. A broker's license may be transferred, with Commission approval, under the conditions specified in this Section and in accordance with such regulations as the Commission may prescribe. (2) Procedures for Transferring Brokers' Licenses. The provisions of Article III of the Sub-chapter 4 of this Chapter that define a transfer and which govern the form and manner of filing of applications for approval of the transfer of a motor carrier of property license, notice to be given to the public, and hearing, shall likewise govern the transfer of a broker's license. (3) Standards for Review of Transfer Applications. The Commission shall grant an application for authority to transfer a broker's license where: (a) The application was properly filed on forms prescribed by the Commission; (b) The person has remitted the filing fee prescribed by the Commission; and (c) The transferee is fit, willing, and able under the terms of Section 18c-5103 of this Chapter. Otherwise, the application shall be denied. (Source: P.A. 84-796.)
Frequently Asked Questions About Illinois § 18c-5104
What does Illinois Compiled Statutes § 18c-5104 cover?
Section 18c-5104 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Illinois § 18c-5104?
A common citation format is "Illinois Compiled Statutes § 18c-5104" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Illinois law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.
How does Illinois § 18c-5104 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.