Illinois Administrative Code
Title 50 - INSURANCE
Part 902 - INSURANCE COMPANIES ORIGINATING PAYDAY LOANS
Section 902.10 - Authority
Universal Citation: 50 IL Admin Code ยง 902.10
Current through Register Vol. 48, No. 12, March 22, 2024
This Part is promulgated by the Director of the Department of Financial and Professional Regulation-Division of Insurance under Section 401 of the Illinois Insurance Code [215 ILCS 5/401 ] that empowers the Director to make reasonable rules and regulations as may be necessary for making effective the insurance laws of this State. Further, this Part implements Section 4-30(b) of the Payday Loan Reform Act [815 ILCS 122/4-30(b) ] that requires the Secretary to promulgate rules to implement that Act.
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