AUTHORITY: Implementing and authorized by the Division of Banking Act [20 ILCS 3205/6(h)] and the Financial Institutions Code [20 ILCS 1205/6(a)].DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
a) The provision from which the variance is granted is not statutorily mandated.
b) No Party will be injured by the granting of the variance.
c) The rule from which the variance is granted would, in the particular case, be unreasonable or unnecessarily burdensome.
The Secretary or Director may grant variances from this Part in individual cases in which they find that: