Ill. Admin. Code tit. 38 § 1055.480

Current through Register Vol. 48, No. 45, November 8, 2024
Section 1055.480 - Enforcement

Failure to comply with any requirement under the ILCRA, this Part or other law referenced in the ILCRA, shall be grounds for enforcement actions as authorized under the ILCRA and under the Residential Mortgage License Act of 1987 [205 ILCS 635]. Any failure to comply with a requirement of the ILCRA may also be grounds for referral to law enforcement or an administrative authority with jurisdiction over the subject matter. In addition to any other action authorized by law, the Secretary may enter agreed orders, stipulations or settlement agreements for the purpose of resolving any such failure to comply.

Ill. Admin. Code tit. 38, § 1055.480

Added at 48 Ill. Reg. 7172, effective 5/1/2024