Illinois § 10-80 Violations of this Act; Secretary's orders

Illinois Statutes

§ 10-80 — Violations of this Act; Secretary's orders

Illinois § 10-80

TopicREGULATION

Ch. 205FINANCIAL REGULATION

Act 205 ILCS 511/Pawnbroker Regulation Act of 2023.

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Bluebook

205 Ill. Comp. Stat. 10-80 (2026).

Text

(a)If the Secretary finds, as the result of examination, investigation, or review of reports submitted by a licensee, that the business and affairs of a licensee are not being conducted in accordance with this Act, the Secretary shall notify the licensee of the correction necessary. If a licensee fails to correct such violations, the Secretary shall issue an order requiring immediate correction and compliance with this Act, specifying a reasonable date for performance.

(b)The Department may adopt rules to provide for an orderly and timely appeal of all orders within the Department. The rules may include provision for assessment of fees and costs.

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(a) If the Secretary finds, as the result of examination, investigation, or review of reports submitted by a licensee, that the business and affairs of a licensee are not being conducted in accordance with this Act, the Secretary shall notify the licensee of the correction necessary. If a licensee fails to correct such violations, the Secretary shall issue an order requiring immediate correction and compliance with this Act, specifying a reasonable date for performance. (b) The Department may adopt rules to provide for an orderly and timely appeal of all orders within the Department. The rules may include provision for assessment of fees and costs.