Illinois Compiled Statutes 35 ILCS 40/20 – Annual review
Current as of: 2024 | Check for updates
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(a) Each scholarship granting organization that receives approval to issue certificates of receipt shall file an application for recertification on an annual basis. Such application for recertification shall be in the form and manner prescribed by the Department and shall include:
(1) certification from the Director or Chief
(1) certification from the Director or Chief
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Executive Officer of the organization that the organization has complied with and continues to comply with the requirements of this Act, including evidence of that compliance; and
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(2) a copy of the organization’s current financial
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statements.
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(b) The Department may revoke the approval of a scholarship granting organization to issue certificates of receipt upon a finding that the organization has violated this Act or any rules adopted under this Act. These violations shall include, but need not be limited to, any of the following:
(1) failure to meet the requirements of this Act;
(2) failure to maintain full and adequate records
Terms Used In Illinois Compiled Statutes 35 ILCS 40/20
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
(1) failure to meet the requirements of this Act;
(2) failure to maintain full and adequate records
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with respect to the receipt of qualified contributions;
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(3) failure to supply such records to the Department;
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or
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(4) failure to provide notice to the Department of
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the issuance of certificates of receipt pursuant to Section 35 of this Act.
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(c) Within 5 days after the determination to revoke approval, the Department shall provide notice of the determination to the scholarship granting organization and information regarding the process to request a hearing to appeal the determination.