(215 ILCS 136/25)
Suspension or revocation of license and other penalties.
If a vendor of portable electronics or its employee or authorized representative violates any provision of this Act, then the Director may do any of the following:
(1) take any action in accordance with Section 500-70
of the Illinois Insurance Code;
(2) impose other penalties that the Director deems
necessary and reasonable to carry out the purpose of this Act, including, but not limited to:
(A) suspending the privilege of transacting
portable electronics insurance pursuant to this Section at specific business locations where violations have occurred; and
(B) suspending or revoking the ability of
individual employees or authorized representatives to act under the license.
A supervising entity that violates any provision of this Act shall be subject to all appropriate regulatory action as set forth in the Illinois Insurance Code.
(Source: P.A. 97-366, eff. 1-1-12.)