{"data":{"id":"us-il/240-ilcs-40-5-35","jurisdiction":"us-il","citation":"240 ILCS 40/5-35","heading":"Termination of license.","body":"(a) Revocation of a license by the Department constitutes a termination of the license on the earlier of:\n(1) the day of the revocation order;\n(2) the day that a licensee voluntarily files for bankruptcy under the federal bankruptcy laws; or\n(3) the day that an order for relief is entered in reference to a licensee as a consequence of a petition for involuntary bankruptcy filed under the federal bankruptcy laws.\n(b) Voluntary surrender of a license by a licensee constitutes a termination of the license on the day the surrender occurs.\n(c) Failure to apply for a license renewal constitutes a termination of the license on the day the license expires.\n(d) Denial of a license renewal by the Department constitutes a termination of the license on the day of the order denying the license renewal.","path":["CHAPTER 240 WAREHOUSES","Grain Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=1412\u0026ChapterID=27\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:32Z","sha256":"003fa2f5150387ef8f78f92c3f1e790f36ea6a84a6fab8c394d6e1c9656d9a90","source_id":"us-il","stale":false,"prev":"us-il/240-ilcs-40-5-30","next":"us-il/240-ilcs-40-10-5"},"notice":"GroundRules: Original legal text. Not legal advice."}
