A license issued pursuant to this Act may be suspended, revoked, or subjected to a penalty by the Administrator upon verification that any one or more of the following reasons exist:
         (1) any false statement as to material matter in the
    
application;
        (2) fraud, misrepresentation, or bribery in securing
    
a license;
        (3) failure to notify the Administrator and the owner
    
or lessee of an elevator or related mechanisms of any condition not in compliance with this Act; or
        (4) violation of any provisions of this Act or the
    
rules promulgated hereunder.

Terms Used In Illinois Compiled Statutes 225 ILCS 312/65

  • Fraud: Intentional deception resulting in injury to another.