Illinois Compiled Statutes 815 ILCS 121/165 – Rules of the Department
Current as of: 2024 | Check for updates
|
Other versions
(a) In addition to such powers as may be prescribed by this Act, the Department is hereby authorized and empowered to adopt rules consistent with the purposes of this Act, including, but not limited to:
(1) rules in connection with the activities of
(1) rules in connection with the activities of
|
licensees or unlicensed consumer legal funding companies as may be necessary and appropriate for the protection of consumers in this State;
|
(2) rules as may be necessary and appropriate to
|
define improper or fraudulent business practices in connection with the activities of licensees in servicing consumer legal fundings;
|
(3) rules that define the terms used in this Act and
|
as may be necessary and appropriate to interpret and implement the provisions of this Act; and
|
(4) rules as may be necessary for the enforcement and
|
administration of this Act.
|
(b) The Secretary is hereby authorized and empowered to make specific rulings, demands, and findings that he or she deems necessary for the proper conduct of the consumer legal funding company industry.
Terms Used In Illinois Compiled Statutes 815 ILCS 121/165
- State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14