Ill. Admin. Code tit. 38 § 170.80

Current through Register Vol. 48, No. 50, December 13, 2024
Section 170.80 - Return of Documents

All legal instruments taken in connection with a funding and executed by a consumer shall be returned to the consumer, physically or electronically, promptly following the resolution date or the satisfaction date. To satisfy the requirements of this Section, a licensee may substitute copies reproduced from any medium or format which accurately reproduces the original documents. Any executed copy of any legal instrument taken in connection with a funding retained by the licensee must be clearly marked "PAID" or "FULLY SATISFIED".

Ill. Admin. Code tit. 38, § 170.80

Adopted at 47 Ill. Reg. 6644, effective 5/2/2023