92 Ill. Adm. Code 1480.380

Compliance Inspection

Last amended: 2014Year: 2026Length: 108 wordsOfficial source
Section 1480.380  Compliance Inspection A compliance inspection shall be conducted by the Commission staff prior to issuance of a registration. The inspection shall include, but not be limited to, a review of: a)         Physical characteristics of the remote storage location, including but not limited to the size, location and overall condition of the remote storage; b)         Types of repossessed collateral stored; c)         Proper storage of repossessed collateral; d)         Method of protection from fire; e)         Method of protection from theft or burglary; f)         Method of protection from potential damage to the stored repossessed collateral by vermin, insects or water; and g)         Proper documentation of the repossessed collateral being stored.
92 Ill. Adm. Code 1480.380: Compliance Inspection | Justis AI