Illinois Administrative Code
Title 38 - FINANCIAL INSTITUTIONS
Part 210 - PAYDAY LOAN REFORM ACT
Section 210.50 - Cash Book
Universal Citation: 38 IL Admin Code ยง 210.50
Current through Register Vol. 48, No. 12, March 22, 2024
a) All receipts and disbursements of any amount whatsoever shall be entered on the day they occur in the cash book or equivalent record. Separate headings shall be provided for payments on principal and for fees collected from consumers.
b) The cash book shall be a permanent record of all details of income and disbursements, including all entries to individual accounts of borrowers.
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