(225 ILCS 447/50-40)
(Section scheduled to be repealed on January 1, 2029)
Sec. 50-40.
Rights and obligations.
All rights and
obligations incurred and any actions commenced under the
Private Detective, Private Alarm, Private Security, and
Locksmith Act of 1993 shall not be impaired by the enactment
of this Act. Rules adopted under the Private Detective,
Private Alarm, Private Security, and Locksmith Act of 1993,
unless inconsistent with this Act, shall remain in effect
until amended or revoked. All licenses issued by the
Department permitting the holder to act as a private
detective, private detective agency, private security
contractor, private security contractor agency, private alarm
contractor, private alarm contractor agency, locksmith, or
locksmith agency that are valid on the effective date of this
Act shall be considered valid under this Act.
All licenses issued under the Private Detective, Private
Alarm, Private Security, and Locksmith Act of 1993 are valid and
are subject to the same authority of the Department to revoke
or suspend them as licenses issued under this Act.
(Source: P.A. 93-438, eff. 8-5-03.)
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