Illinois Compiled Statutes 765 ILCS 101 Real Estate Timeshare Act of 1999. Section 20-25

    (765 ILCS 101/20-25)

    Sec. 20-25. Site inspections. The Department shall thoroughly investigate all matters relating to an application for registration under this Act and may require a personal inspection of any developer, timeshare plan, accommodation, exchange company, or resale company and any offices where any of the foregoing may transact business. All reasonable expenses incurred by the Department in investigating such matters shall be borne by the registrant, and the registrant shall reimburse the Department for those expenses within 30 calendar days of receipt of notice of the expenses from the Department. The Department may require a deposit sufficient to cover the expenses prior to incurring the expenses.

(Source: P.A. 96-738, eff. 8-25-09.)

Sections:  Previous  20-5  20-10  20-15  20-20  20-25

Last modified: February 18, 2015