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Code · Illinois · Chapter 205 — FINANCIAL REGULATION · Act 660

Sec. 12. Every licensee shall retain such records as are required by the Department.

69 words·~1 min read·/il/chapter-205/act-660/12

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Sec. 12. Every licensee shall retain such records as are required by the Department. Every licensee shall preserve the records of each of its transactions for at least 2 years after making the final entry for that transaction.
With the Director's approval, a licensee may maintain these records at a location other than the licensed facility.
With the Director's approval, a licensee may contract for servicing of these accounts.
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