Section 215 ILCS 136/25 - Suspension or revocation of license and other penaltiesSuspension or revocation of license and other penaltiesIf 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.
Added by P.A. 097-0366,§ 25, eff. 1/1/2012.