Ill. Admin. Code tit. 38 § 120.110

Current through Register Vol. 48, No. 43, October 25, 2024
Section 120.110 - Timely Deposits

Each check, draft, money order, or other evidence of money cashed by a licensee shall be deposited or transmitted for deposit within the ordinary course of business no later than the following business day after the instrument has been cashed. A deposit to an armored-car service satisfies this requirement.

Ill. Admin. Code tit. 38, § 120.110

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