Ill. Admin. Code tit. 38 § 145.60

Current through Register Vol. 48, No. 43, October 25, 2024

Section 145.60 - Examination

a) The Division will conduct an examination of a licensee's or license applicant's records and business practices when necessary to make a licensure determination or in investigation of a complaint. The Division will also conduct examinations as it deems necessary to determine compliance with the Act and this Part.

b) The Division shall charge $400 for each examiner day or part thereof and actual travel costs for any examination of records conducted pursuant to the Act.

c) The Division may conduct an examination for the purpose of verifying that the debt settlement provider has taken necessary actions to correct violations of the Act and/or this Part and shall charge the licensee $550 for each examiner day or portion of a day when the Secretary determines the verification examination must be performed on site at any facility of the debt settlement provider.

Ill. Admin. Code tit. 38, § 145.60