Illinois Administrative Code
Title 38 - FINANCIAL INSTITUTIONS
Part 110 - CONSUMER INSTALLMENT LOAN ACT
Subpart A - GENERAL PROVISIONS
Section 110.120 - Legal Forms
Universal Citation: 38 IL Admin Code ยง 110.120
Current through Register Vol. 48, No. 12, March 22, 2024
a) Submission to the Division
1) All forms of
notes, security agreements or assignments of wages or other forms used in
connection with the making of loans shall be submitted to the Division prior to
the conduct of the business in the licensed location; provided, however, where
the licensee or affiliate is engaged in the same business and licensed by this
Division, the use of forms in the new location identical to those being used in
the existing location shall not require filing. Notice of intent to use
identical forms (change of name excepted) should be provided the Division by
the licensee.
2) Should the
licensees at any time following submission of forms modify the forms previously
submitted, the forms as modified shall be submitted to the Division.
3) All forms shall be submitted in the format
requested by the Division.
b) Standard forms approved by the Division shall be used in the following cases:
1)
Application for original license.
2) Application for annual renewal of
license.
3) Change of
location.
4) Annual
Report.
5) Appointment of
attorney-in-fact for service of process.
6) Bond.
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