Enforcement

Section 345.500  Enforcement Failure to comply with any requirement under the ILCRA, this Part or other law referenced in the ILCRA, shall be grounds for enforcement actions as authorized under the ILCRA and under the Illinois Banking Act, Savings Bank Act, or Foreign Banking Office Act, as applicable to the particular bank.  Any failure to comply with a requirement of the ILCRA may also be grounds for referral to law enforcement or an administrative authority with jurisdiction over the subject matter.  In addition to any other action authorized by law, the Secretary may enter agreed orders, stipulations, or settlement agreements for the purpose of resolving any failure to comply.