How many days does a licensee have to notify IDFPR in writing of a loss of licensee-in-charge to receive a temporary permit?

A licensee must notify the Illinois Department of Financial and Professional Regulation (IDFPR) in writing within 10 days of losing a licensee-in-charge to qualify for a temporary permit. This requirement ensures that the regulatory body is informed in a timely manner about changes in the management of alarm contracting companies. The 10-day timeframe allows the IDFPR to process the notification quickly and issue a temporary permit, which helps maintain compliance with licensing regulations and continuity of business operations.

The duration provided is designed to balance the need for efficient communication with the importance of maintaining regulatory standards within the industry. A shorter timeframe, such as 5 days, could be too restrictive and might not allow sufficient time for the licensee to notify the IDFPR properly. Conversely, longer periods, like 15 or 30 days, could lead to a lapse in compliance and potentially impact the company’s ability to operate legally during that time.