Illinois Administrative Code
Title 38 - FINANCIAL INSTITUTIONS
Part 200 - FINANCIAL INSTITUTIONS CODE
Subpart B - RULES OF GENERAL APPLICATION
Section 200.205 - Notification of Noncompliance or Material Change
Universal Citation: 38 IL Admin Code ยง 200.205
Current through Register Vol. 48, No. 12, March 22, 2024
All holders of or applicants for any license issued pursuant to the Act shall submit written notification to the Director within 10 business days after becoming aware of any noncompliance with the provisions of the Act or this Part and any material change in condition (such as bankruptcy, regulatory order having been issued by another regulatory body having jurisdiction, loss of authority to do business by regulatory agency having jurisdiction) which places or tends to place any consumer or policyholder in jeopardy.
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