Illinois Statutes Chapter 215. Insurance § 113/50. Grounds for removal of eligibility; order; hearing; review

(1) has willfully violated any provision of this Act or any rule promulgated by the Director;

(2) has intentionally made a material misstatement in the application for a registration;

(3) has obtained or attempted to obtain a registration through misrepresentation or fraud;

(4) has misappropriated or converted to his own, or improperly withheld, money required to be held in a fiduciary capacity;

(5) has used fraudulent, coercive, or dishonest practices, or has demonstrated incompetence, untrustworthiness, or financial irresponsibility;

(6) has been, within the past 3 years, convicted of a felony, unless the person demonstrates to the Director sufficient rehabilitation to warrant the public trust;

(7) has failed to appear without reasonable cause or excuse in response to a subpoena lawfully issued by the Director;

(8) has had its registration or license suspended or revoked or its application denied in any other state, district, territory, or province;

(1) a specified time for the hearing, which may not be less than 20 days nor more than 30 days after the mailing of the notice of hearing; and

(2) a specific place for the hearing, which may be either in the city of Springfield or Chicago or in the county where the lessor's principal place of business is located.