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(215 ILCS 113/50)
Sec. 50.
Grounds for removal of eligibility; order; hearing; review.
(a) Any registration issued under this Act may be revoked or an
application for registration may be denied if the Director finds that the
lessor or applicant:
(1) has willfully violated any provision of this Act |
| or any rule promulgated by the Director;
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(2) has intentionally made a material misstatement in
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| the application for a registration;
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(3) has obtained or attempted to obtain a
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| registration through misrepresentation or fraud;
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(4) has misappropriated or converted to his own, or
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| improperly withheld, money required to be held in a fiduciary capacity;
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(5) has used fraudulent, coercive, or dishonest
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| practices, or has demonstrated incompetence, untrustworthiness, or financial irresponsibility;
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(6) has been, within the past 3 years, convicted of a
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| felony, unless the person demonstrates to the Director sufficient rehabilitation to warrant the public trust;
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(7) has failed to appear without reasonable cause or
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| excuse in response to a subpoena lawfully issued by the Director;
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(8) has had its registration or license suspended or
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| revoked or its application denied in any other state, district, territory, or province;
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(b) When the Director of Insurance has cause to believe that grounds for the
refusal, denial, or revocation of a registration under this Section exists, the
Director shall issue an order to the lessor stating the grounds upon which the
refusal, denial, or revocation is based. The order shall be sent to the lessor
by certified or registered mail. The lessor may request a hearing in writing
within 30 days of the mailing of the order. If no written request is received
by the Director, the order shall be final upon the expiration of the 30 days.
(c) If the lessor requests a hearing pursuant to this
Section, the Director shall issue a written notice of hearing sent to the
lessor by certified or registered mail stating the following:
(1) a specified time for the hearing, which may not
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| be less than 20 days nor more than 30 days after the mailing of the notice of hearing; and
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(2) a specific place for the hearing, which may be
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| either in the city of Springfield or Chicago or in the county where the lessor's principal place of business is located.
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(d) After the hearing, or upon the failure of the lessor
to appear at the hearing, the Director of Insurance shall take such action as
is deemed advisable on written findings that shall be served on the lessor.
The action of the Director of Insurance shall be subject to
review under and in accordance with the Administrative Review Law.
(Source: P.A. 90-499, eff. 1-1-98; 90-794, eff. 8-14-98.)
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