Ill. Admin. Code tit. 38 § 120.10

Current through Register Vol. 48, No. 50, December 13, 2024

Section 120.10 - Minimum Requirements for Office Records - Community Currency Exchanges

Every licensed location must maintain the following records in any medium or format that accurately reproduces original documents or papers:

a) Daily cash sheets (see Section 120.30) for the preceding 90 days.

b) Bank statements.

c) Money order register (see Section 120.50) of money order stating original issue amount.

d) General ledger and supporting journals.

e) Copy of the latest Annual Report filed with the Department.

f) Transmittal record for utility bills, vehicle licenses, certificates of title, vehicle stickers, stored value cards, and any other type of transmittal made for the benefit of a third party.

g) Record of daily transactions.

h) Check register (see Section 120.40).

i) Corporate records.

j) Copies of all contracts and business agreements entered into by the currency exchange.

Ill. Admin. Code tit. 38, § 120.10

Amended at 36 Ill. Reg. 13851, effective September 7, 2012

Amended at 40 Ill. Reg. 9167, effective 8/1/2016

Amended at 41 Ill. Reg. 12387, effective 10/6/2017

Amended at 45 Ill. Reg. 9947, effective 7/26/2021