Section 321.90  Account Closure

The licensee may close any account when the holder thereof attempts to operate with an insufficient balance or when the account is dormant for a period pursuant to the Consumer Fraud and Deceptive Business Practices Act [815 ILCS 505/2SS], that is 5 years after the date of issuance.  In either case, the licensee shall refund the remaining balance of the account whenever possible.

(Source:  Amended at 32 Ill. Reg. 10147, effective July 1, 2008)