Ill. Admin. Code tit. 38 § 360.620

Current through Register Vol. 48, No. 45, November 8, 2024

Section 360.620 - Grounds for Revocation of License

The following are grounds for revocation of license pursuant to Section 0.05(a)(10) of the Act:

a) a licensee has been convicted of a felony in connection with the operations of a pawnshop;

b) a licensee knowingly or recklessly violates, or has continuously violated, the Act or State or federal law or regulation, a rule promulgated in accordance with the Act, or any order of the Secretary;

c) a fact or condition exists that, if it had existed or had been known at the time of the original application, would have justified license refusal;

d) the licensee knowingly submits materially false or misleading documents with the intent to deceive the Secretary or any other party; or

e) the licensee is unable or ceases to continue to operate the pawnshop.

Ill. Admin. Code tit. 38, § 360.620

Amended at 35 Ill. Reg. 14957, effective September 9, 2011

Amended at 46 Ill. Reg. 17955, effective 10/27/2022