Section 360.110  Application for License

a)         A license applicant must submit all of the following:

1)         An application for license filed with the Nationwide Multistate Licensing System and Registry as approved by the Secretary;

2)         A listing filed with the Secretary of judgments entered against, and bankruptcy petitions by, the license applicant for the preceding 10 years; and

3)         Payment through NMLS of the investigation and application fees specified in Section 5-10(a)(3) of the Act [205 ILCS 511/5-10(a)(3)].

b)         A separate license is required for each pawnshop location.

(Source:  Amended at 49 Ill. Reg. 14602, effective October 29, 2025)