Ill. Admin. Code tit. 38 § 120.220

Current through Register Vol. 48, No. 50, December 13, 2024
Section 120.220 - Conviction of Crime

If any stockholder, director, officer, owner or partner of a community or ambulatory currency exchange is convicted of a crime under any law for which the crime was punishable by imprisonment in excess of one year under the law under which he or she was convicted, the Secretary may order that he or she divest himself or herself of any interest that he or she may hold in any entity licensed by the Department.

Ill. Admin. Code tit. 38, § 120.220

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