TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 1010 STUDENT LOAN SERVICING RIGHTS ACT
SECTION 1010.100 DEFINITIONS


 

Section 1010.100  Definitions

 

"Act" means the Student Loan Servicing Rights Act [110 ILCS 992].

 

"Department" means the Department of Financial and Professional Regulation.

 

"Director" means the Director of the Division of Banking, with the authority delegated by the Secretary.

 

"Division" means the Department of Financial and Professional Regulation-Division of Banking, with the authority delegated by the Secretary.

 

"Licensee" means a person licensed pursuant to the Act.

 

"NMLS" means the Nationwide Multistate Licensing System and Registry.

 

"Secretary" means the Secretary of the Department of Financial and Professional Regulation.