TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 360 LICENSING AND REGULATION OF PAWNBROKERS
SECTION 360.600 SCOPE


 

Section 360.600  Scope

 

The rules and procedures in this Subpart shall apply to proceedings in connection with the suspension of license of a pawnshop pursuant to Section 0.05(a)(7) of the Act and the revocation of license of a pawnshop pursuant to Section 0.05(a)(10) of the Act.  The revocation or suspension of license shall not impair or affect the obligation of either the pawnbroker or the pledger to fulfill the terms of any preexisting memorandum, contract, or note.

 

(Source:  Amended at 46 Ill. Reg. 17955, effective October 27, 2022)