Section 120.110  Timely Deposits

Each check, draft, money order, or other evidence of money cashed by a licensee shall be deposited or transmitted for deposit within the ordinary course of business no later than the following business day after the instrument has been cashed.  A deposit to an armored-car service satisfies this requirement.

(Source:  Amended at 45 Ill. Reg. 9947, effective July 26, 2021)