§321.90. Account Closure

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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)

                    
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