(215 ILCS 5/470) (from Ch. 73, par. 1065.17)
Sec. 470.
Penalties.
Any person, company or organization violating any provision of this
Article shall be guilty of a petty offense for each such violation,
provided that a series of acts or events based upon the same alleged
violation shall be treated and considered as a single violation.
The Director may suspend the license of any rating organization or
company which fails to comply with an order of the Director within the time
limited by such order, or any extension thereof which the Director may
grant. The Director shall not suspend the license of any rating
organization or company for failure to comply with an order until the time
prescribed for filing a petition for review thereof as provided in Section
471 has expired or if such petition for review has been filed until such
order has been affirmed. The Director may determine when a suspension of
license shall become effective and it shall remain in effect for the period
fixed by him, unless he modifies or rescinds such suspension, or until the
order upon which such suspension is based is modified, rescinded or
reversed.
No license shall be suspended or revoked except upon a written order of
the Director, stating his findings, made after a hearing held upon not less
than ten days' written notice to such person or organization specifying the
alleged violation.
(Source: P.A. 77-2699.)
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