Illinois Administrative Code
Title 38 - FINANCIAL INSTITUTIONS
Part 110 - CONSUMER INSTALLMENT LOAN ACT
Subpart A - GENERAL PROVISIONS
Section 110.250 - Limited Purpose Branch
Universal Citation: 38 IL Admin Code ยง 110.250
Current through Register Vol. 48, No. 12, March 22, 2024
A licensee applying for a limited purpose branch shall submit to the Division the following:
a) A written application in the form prescribed by the Director.
b) Fee as prescribed by the Act.
c) Photograph of proposed site and a description of the location, including any other business conducted there.
d) Written statements:
1) that no other activity shall be conducted
at the site, including, but not limited to, accepting payments, servicing the
accounts, or collections; and
2)
that the proposed site shall not be within 1,000 feet of a facility operated by
an inter-track wagering licensee or an organization licensee subject to the
Illinois Horse Racing Act of 1975, or casino or riverboat subject to the
Illinois Gambling Act, or within 1,000 feet of the location at which the
riverboat docks.
e) Any additional information that the Director may require.
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