Illinois Administrative Code
Title 38 - FINANCIAL INSTITUTIONS
Part 210 - PAYDAY LOAN REFORM ACT
Section 210.100 - Legal Forms

Current through Register Vol. 47, No. 52, December 29, 2023

a) Submission to the Division

1) All forms of loan agreements, 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 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.

b) Standard forms approved by the Division, that are available on the agency's website, 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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