Illinois Compiled Statutes 225 ILCS 45/7.2 – Investigation of unlawful practices
Current as of: 2024 | Check for updates
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If it appears to the Comptroller that a person has engaged in, is engaging in, or is about to engage in any practice in violation of this Act, the Comptroller may:
(1) require that person to file on such terms as the
(1) require that person to file on such terms as the
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Comptroller prescribes a statement or report in writing, under oath or otherwise, containing all information the Comptroller may consider necessary to ascertain whether a licensee is in compliance with this Act, or whether an unlicensed person is engaging in activities for which a license is required;
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(2) examine under oath any person in connection with
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the books and records pertaining to or having an impact upon trust funds, insurance policies, or tax deferred annuities required or allowed to be maintained pursuant to this Act;
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(3) examine any books and records of the licensee,
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trustee, or investment advisor that the Comptroller may consider necessary to ascertain compliance with this Act; and
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(4) require the production of a copy of any record,
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book, document, account, or paper that is produced in accordance with this Act and retain it in his or her possession until the completion of all proceedings in connection with which it is produced.
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Terms Used In Illinois Compiled Statutes 225 ILCS 45/7.2
- Oath: A promise to tell the truth.
- oath: shall be deemed to include an affirmation, and the word "sworn" shall be construed to include the word "affirmed. See Illinois Compiled Statutes 5 ILCS 70/1.12