Ill. Admin. Code tit. 38, § 170.170 – Transfer of Funding Contracts | Midpage
§ 170.170
Ill. Admin. Code tit. 38, § 170.170
Transfer of Funding Contracts
AUTHORITY: Implementing and authorized by the Consumer Legal Funding Act [815 ILCS 121].DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
A licensee shall notify the Department no more than 30 days after pledging, hypothecating, selling, or otherwise conveying any interest in a consumer legal funding contract, in whole or in part.