(765 ILCS 1026/15-1003)
Sec. 15-1003. Rules for conducting examination. (a) The administrator shall adopt rules governing procedures and standards for an examination under Section 15-1002; the rules may reference any standards concerning unclaimed property examinations promulgated by the National Association of Unclaimed Property Administrators and shall make provisions for multi-state examinations. (b) After the adoption of rules under subsection (a), an examination under Section 15-1002 must be performed under the rules adopted under subsection (a). (c) If a person subject to examination under Section 15-1002 has filed the reports required under Section 15-401 and Section 15-1001 and has retained the records required by Section 15-404, the following rules apply: (1) The examination must include a review of the |
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(2) The examination may not be based on an estimate
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| unless the person expressly consents in a record to the use of an estimate.
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(3) The person conducting the examination shall
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| consider the evidence presented in good faith by the person in preparing the findings of the examination under Section 15-1007.
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(Source: P.A. 100-22, eff. 1-1-18 .)
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