Illinois § 20-25
Full text of Illinois Illinois Compiled Statutes § 20-25, with citation guidance and answers to common questions.
§ 20-25.
Material business changes. (a) A registrant shall file with the Department a report of the following, as may be applicable: (1) A material change in information in the application for a registration under this Act or the most recent renewal report of the registrant under this Act. (2) A material change in the registrant's business for the conduct of its digital asset business activity with or on behalf of a resident. (3) A change of an affiliate, executive officer, responsible individual, or person in control of the registrant. (b) A report required by this Section shall be filed not later than 15 days after the change described in subsection (a). (Source: P.A. 104-428, eff. 8-18-25.)
Frequently Asked Questions About Illinois § 20-25
What does Illinois Compiled Statutes § 20-25 cover?
Section 20-25 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 § 20-25?
A common citation format is "Illinois Compiled Statutes § 20-25" (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 § 20-25 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.