Chapter 205 — FINANCIAL REGULATION

(205 ILCS 732/120) Sec. 120. (Repealed). (Source: P.A. 104-429, eff. 8-18-25. Repealed internally, eff. 8-18-25.)

(205 ILCS 732/125) Sec. 125. (Repealed). (Source: P.A. 104-429, eff. 8-18-25. Repealed internally, eff. 8-18-25.)

(205 ILCS 732/15) Sec. 15. (Repealed). (Source: P.A. 104-429, eff. 8-18-25. Repealed internally, eff. 8-18-25.)

(205 ILCS 732/20) Sec. 20. (Repealed). (Source: P.A. 104-429, eff. 8-18-25. Repealed internally, eff. 8-18-25.)

(205 ILCS 732/25) Sec. 25. Daily transaction limit. (a) A digital asset kiosk operator shall not accept or dispense more than $2,500 or equivalent monetary value in a day from or to the same new customer through a digital asset kiosk. (b) A digital asset kiosk operator shall not …

(205 ILCS 732/30) Sec. 30. Customer charges limit. A digital asset kiosk operator may not, directly or indirectly, collect charges from a customer related to a single digital asset kiosk transaction that exceeds the greater of the following: (1) $5; or (2) 18% of digital assets i…

(205 ILCS 732/35) Sec. 35. Customer disclosures. (a) Before engaging in each digital asset kiosk transaction with a customer, a digital asset kiosk operator shall provide written disclosure, in English and in the same language principally used by the digital asset kiosk operator …

(205 ILCS 732/40) Sec. 40. Reporting physical addresses. (a) A digital asset kiosk operator shall provide to the Department a list of all physical addresses of digital asset kiosks that the digital asset kiosk operator owns, operates, or manages in this State, in a form prescribe…

(205 ILCS 732/41) Sec. 41. Customer service. All digital asset kiosk operators performing business in this State must provide live customer service during kiosk operating hours. The customer service toll-free number must be displayed on the digital asset kiosk or on the digital a…

(205 ILCS 732/42) Sec. 42. Prevention of fraudulent activity. All digital asset kiosk operators must take reasonable steps to detect and prevent fraud, including establishing and maintaining a written anti-fraud policy. (Source: P.A. 104-429, eff. 8-18-25.)

(205 ILCS 732/43) Sec. 43. Blockchain analytics. All digital asset kiosk operators must use blockchain analytics software to help prevent transactions to wallets known to be affiliated with fraudulent activity at the time of a transaction and to detect transaction patterns indica…

(205 ILCS 732/44) Sec. 44. Law enforcement access to investigative information. All digital asset kiosk operators performing business in this State must provide a dedicated communications line for relevant government agencies through a posted U.S. phone number or email address. T…

(205 ILCS 732/45) Sec. 45. Refunds. (a) A digital asset kiosk operator must issue a refund to a new customer for the full amount for up to 3 fraudulent transactions made within the new customer period, upon request of the customer. To receive a refund under this subsection, a new…

(205 ILCS 732/5) Sec. 5. Purpose and construction. The purpose of this Act is to protect the People of Illinois against the fraud and scams in digital asset kiosk transactions by providing necessary registration requirements, disclosures, and other safeguards for customers. This …

(205 ILCS 732/50) Sec. 50. (Repealed). (Source: P.A. 104-429, eff. 8-18-25. Repealed internally, eff. 8-18-25.)

(205 ILCS 732/55) Sec. 55. (Repealed). (Source: P.A. 104-429, eff. 8-18-25. Repealed internally, eff. 8-18-25.)

(205 ILCS 732/60) Sec. 60. (Repealed.) (Source: P.A. 104-429, eff. 8-18-25. Repealed internally, eff. 8-18-25.)

(205 ILCS 732/65) Sec. 65. (Repealed). (Source: P.A. 104-429, eff. 8-18-25. Repealed internally, eff. 8-18-25.)

(205 ILCS 732/70) Sec. 70. (Repealed). (Source: P.A. 104-429, eff. 8-18-25. Repealed internally, eff. 8-18-25.)

(205 ILCS 732/75) Sec. 75. (Repealed). (Source: P.A. 104-429, eff. 8-18-25. Repealed internally, eff. 8-18-25.)

(205 ILCS 732/800) Sec. 800. If and only if Senate Bill 1797 of the 104th General Assembly, as amended by House Amendment No. 1, becomes law, then Sections 15, 20, 50, 55, 60, 65, 70, 75, 85, 90, 105, 115, 120, and 125 of this Act are repealed on the date that Senate Bill 1797 of…

(205 ILCS 732/85) Sec. 85. (Repealed). (Source: P.A. 104-429, eff. 8-18-25. Repealed internally, eff. 8-18-25.)

(205 ILCS 732/90) Sec. 90. (Repealed). (Source: P.A. 104-429, eff. 8-18-25. Repealed internally, eff. 8-18-25.)

(205 ILCS 732/900) Sec. 900. (Amendatory provisions; text omitted). (Source: P.A. 104-429, eff. 8-18-25; text omitted.)

(205 ILCS 732/95) Sec. 95. Civil action. A claim of violation of Sections 25, 30, and 45 of this Act may be asserted in a civil action. Additionally, a prevailing resident may be awarded reasonable attorney's fees and court costs. (Source: P.A. 104-429, eff. 8-18-25.)

(205 ILCS 732/997) Sec. 997. Severability. The provisions of this Act are severable under Section 1.31 of the Statute on Statutes. (Source: P.A. 104-429, eff. 8-18-25.)

(205 ILCS 732/999) Sec. 999. Effective date. This Act takes effect upon becoming law. (Source: P.A. 104-429, eff. 8-18-25.)

(205 ILCS 735/35-1) Sec. 35-1. Short title. This Article may be cited as the Illinois Community Reinvestment Act. References in this Article to "this Act" mean this Article. (Source: P.A. 101-657, eff. 3-23-21; 102-687, eff. 12-17-21.)

(205 ILCS 735/35-10) Sec. 35-10. Financial services needs of local communities; assessment factors. (a) Each covered financial institution shall have a continuing and affirmative obligation to meet the financial services needs of the communities in which its offices, branches, an…

(205 ILCS 735/35-100) Sec. 35-100. (Amendatory provisions; text omitted). (Source: P.A. 101-657, eff. 3-23-21; text omitted.)

(205 ILCS 735/35-105) Sec. 35-105. (Amendatory provisions; text omitted). (Source: P.A. 101-657, eff. 3-23-21; text omitted.)

(205 ILCS 735/35-15) Sec. 35-15. Examinations. (a) The Secretary shall have the authority to examine each covered financial institution for compliance with this Act, in consultation with State and federal regulators with an appropriate regulatory interest, for and in compliance w…

(205 ILCS 735/35-20) Sec. 35-20. Public notice. Each covered financial institution shall provide, in the public lobby of each of its offices, if any, and on its website, a public notice that is substantially similar to the following: "STATE OF ILLINOIS COMMUNITY REINVESTMENT NOTI…

(205 ILCS 735/35-25) Sec. 35-25. Cooperative agreements. (a) For the purposes of this Act, the Secretary may conduct any examinations under this Act with State, other state, and federal regulators, and may enter into cooperative agreements relative to the coordination of or joint…

(205 ILCS 735/35-30) Sec. 35-30. Corporate activities and renewal applications. In considering an application for the establishment of a branch, office, or other facility, the relocation of a main office, branch, office, or other facility, a license renewal, change in control of …

(205 ILCS 735/35-35) Sec. 35-35. Rules. In addition to such powers as may be prescribed by this Act, the Secretary is hereby authorized and empowered to adopt rules consistent with the purposes of this Act, including, but not limited to: (i) rules in connection with the lending, …

(205 ILCS 735/35-40) Sec. 35-40. Superiority of Act. To the extent this Act conflicts with any other State law, this Act is superior and supersedes those laws; provided that, nothing herein shall apply to any lender that is a bank, savings bank, savings and loan association, or c…

(205 ILCS 735/35-45) Sec. 35-45. Severability. The provisions of this Act are severable under Section 1.31 of the Statute on Statutes. (Source: P.A. 101-657, eff. 3-23-21.)

(205 ILCS 735/35-5) Sec. 35-5. Definitions. As used in this Act: "Commission" means the Commission on Equity and Inclusion. "Covered financial institution" means a bank chartered under the Illinois Banking Act, a savings bank chartered under the Illinois Savings Bank Act, a credi…

(205 ILCS 735/99-99) Sec. 99-99. Effective date. This Act takes effect upon becoming law, except that Articles 1 and 40 take effect January 1, 2022. (Source: P.A. 101-657, eff. 3-23-21.)

(205 ILCS 740/1) (was 225 ILCS 425/1)) Sec. 1. This Act shall be known and may be cited as the "Collection Agency Act". (Source: P.A. 78-1248.)

(205 ILCS 740/10) (was 225 ILCS 425/10) Sec. 10. (Repealed). (Source: P.A. 89-387, eff. 1-1-96. Repealed by P.A. 99-227, eff. 8-3-15.)

(205 ILCS 740/11) (was 225 ILCS 425/11) Sec. 11. Consent orders. Notwithstanding any provisions concerning the conduct of hearings and recommendations for disciplinary actions, the Department has the authority to negotiate agreements with licensees and applicants resulting in dis…

(205 ILCS 740/13) (was 225 ILCS 425/13) Sec. 13. (Repealed). (Source: P.A. 84-242. Repealed by P.A. 99-227, eff. 8-3-15.)

(205 ILCS 740/13.1) (was 225 ILCS 425/13.1) Sec. 13.1. Annual meeting between debt collection industry and the Department. The Department shall, if requested to do so by at least 20 interested persons or an association representing at least 20 interested persons, meet at least on…

(205 ILCS 740/13.2) (was 225 ILCS 425/13.2) Sec. 13.2. Powers and duties of Department. The Department shall exercise the powers and duties prescribed by the Financial Institutions Act for the administration of licensing Acts and shall exercise such other powers and duties necess…

(205 ILCS 740/13.3) (was 225 ILCS 425/13.3) Sec. 13.3. (Repealed). (Source: P.A. 86-615. Repealed by P.A. 99-227, eff. 8-3-15.)

(205 ILCS 740/14) (was 225 ILCS 425/14) Sec. 14. (Repealed). (Source: P.A. 78-1248. Repealed by P.A. 99-227, eff. 8-3-15.)

(205 ILCS 740/14a) (was 225 ILCS 425/14a) Sec. 14a. Unlicensed practice; Injunctions. The practice as a collection agency by any person not holding a valid and current license under this Act is declared to be inimical to the public welfare, to constitute a public nuisance, and to…

(205 ILCS 740/14b) (was 225 ILCS 425/14b) Sec. 14b. Penalty of unlawful practice; second and subsequent offenses. Any person that practices or offers to practice as a collection agency in this State without being licensed for that purpose, or whose license is suspended, revoked, …