Every licensee shall retain such records as are required by the Department. Every licensee shall preserve the records of each of its transactions for at least 2 years after making the final entry for that transaction.
     With the Director’s approval, a licensee may maintain these records at a location other than the licensed facility.

Terms Used In Illinois Compiled Statutes 205 ILCS 660/12

  • Contract: A legal written agreement that becomes binding when signed.

     With the Director’s approval, a licensee may contract for servicing of these accounts.