TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER I: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 110 CONSUMER INSTALLMENT LOAN ACT
SECTION 110.260 OFF-SITE RECORDS


 

Section 110.260  Off-Site Records

 

With the Director's prior written approval, the licensee may retain records at a location other than the licensed location.  The licensee shall make a written request that shall include the following:

 

a)         Address of off-site location.

 

b)         Contact person and telephone number at the off-site location.

 

c)         Statement that all books, records and account information shall be made available within 72 hours after the Division's request at either the licensed location or the off-site location.

 

d)         At the Director's discretion, the examination may be conducted at either the licensed location or the off-site location.

 

e)         The licensee will pay for all examination expenses.

 

(Source:  Amended at 30 Ill. Reg. 12558, effective July 7, 2006)