Ill. Admin. Code tit. 38 § 120.40

Current through Register Vol. 48, No. 36, September 6, 2024

Section 120.40 - Cashed Check Register

a) A check register must be maintained for all checks, drafts, money orders or other evidence of money that the licensed location cashes.

b) The check register must show for each instrument cashed: the maker, the payee, the date of the instrument, its amount and its number.

c) The foregoing check register requirements will not apply to those currency exchanges that maintain electronic copies of all checks, drafts, money orders or other evidence of money, provided that the electronic records are available to the Department upon request and the method of electronic storage is maintained in working order.

Ill. Admin. Code tit. 38, § 120.40

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

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

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