The rules and procedures in this Subpart shall apply to proceedings in connection with the suspension or revocation of license of a pawnshop pursuant to Section 10-30 of the Act. The revocation or suspension of license shall not impair or affect the obligation of either the pawnbroker or the pledger to fulfill the terms of any preexisting memorandum, contract, or note.

(Source: Amended at 49 Ill. Reg. 14602, effective October 29, 2025)