Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE38. FINANCIAL INSTITUTIONS |
PART354. ADMINISTRATION OF ASSETS OBTAINED IN COLLECTION OF A DEBT |
§ 354.10. Purpose |
§ 354.20. General Rule |
SOURCE: Adopted at 16 Ill. Reg. 12420, effective July 24, 1992; recodified from Chapter II, Commissioner of Banks and Trust Companies, to Chapter II, Office of Banks and Real Estate, pursuant to PA 89-508, at 20 Ill. Reg. 12645.
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Notation
AUTHORITY: Implementing Sections 3 and 5(12)(a) and authorized by Section 48(6) of the Illinois Banking Act [205 ILCS 5/3, 5(12)(a) and 48(6)].