Sec. 25. Suspension or revocation of license and other penalties.
140 words·~1 min read·
/il/chapter-215/act-136/25A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 25. Suspension or revocation of license and other penalties. If a vendor of portable electronics or its employee or authorized representative violates any provision of this Act, then the Director may do any of the following:
(1)take any action in accordance with Section 500-70 of the Illinois Insurance Code;
(2)impose other penalties that the Director deems necessary and reasonable to carry out
the purpose of this Act, including, but not limited to:
(A)suspending the privilege of transacting portable electronics insurance pursuant
to this Section at specific business locations where violations have occurred; and
(B)suspending or revoking the ability of individual employees or authorized
representatives to act under the license.
A supervising entity that violates any provision of this Act shall be subject to all appropriate regulatory action as set forth in the Illinois Insurance Code.