TITLE 14: COMMERCE
SUBTITLE A: REGULATION OF BUSINESS CHAPTER I: SECRETARY OF STATE PART 130 REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953 SECTION 130.1109 FAILURE TO APPEAR
Section 130.1109 Failure to Appear
Failure to appear, by the respondent, at the time and place set for hearing shall be deemed a waiver of the right to present evidence, argue, object or cross-examine witnesses, or otherwise participate at the hearing. After presentation by the Securities Department of proof that the respondent was given proper notice and jurisdiction of the Secretary has been established, the Hearing Officer shall strike any answer or other pleading filed, if any, by the party failing to appear and make a recommendation to the Secretary that a finding of default and an appropriate order be entered. Where the Securities Department fails to appear, the Notice of Hearing shall be dismissed.
(Source: Amended at 22 Ill. Reg. 1933, effective January 1, 1998) |