TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION PART 1050 RESIDENTIAL MORTGAGE LICENSE ACT OF 1987 SECTION 1050.850 TOLL-FREE TELEPHONE ARRANGEMENT
Section 1050.850 Toll-Free Telephone Arrangement
Telephone calls, regarding a mortgage loan account, to a licensee with a telephone area code other than that of the customer shall not be at the customer's expense. When a licensee is not required by the Act or this Part to maintain an Illinois-dedicated "800" telephone number, it still shall be the responsibility of the licensee to provide some form of toll-free telephone arrangement for customer contacts to the licensee during normal business hours.
(Source: Amended at 29 Ill. Reg. 14808, effective September 26, 2005) |