Chapter 815, BUSINESS TRANSACTIONS

(815 ILCS 124/31) Sec. 31. Surety bond. (a) An applicant for a license shall post and a licensee must maintain with the Secretary a bond or bonds issued by corporations qualified to do business as surety companies in this State. (b) The applicant or licensee shall post a bond in …

(815 ILCS 405/31) (from Ch. 121 1/2, par. 531) Sec. 31. (a) Any person who knowingly violates this Act is guilty of a Class A misdemeanor. (b) No person who violates this Act, except as a result of an accident or bona fide error of computation, may recover any finance charge, any…

(815 ILCS 710/31) Sec. 31. Review under Administrative Review Law; appeal as in civil cases. Any person affected by a final administrative decision of the Board may seek judicial review of the decision in the Circuit Court of Sangamon County or in the Circuit Court of Cook County…

(815 ILCS 705/31) (from Ch. 121 1/2, par. 1731) Sec. 31. Powers of the Administrator. (a) Investigations. The Administrator may in his discretion: (1) make such public or private investigations inside or outside this State as he deems necessary (i) to determine whether any person…

(815 ILCS 124/32) Sec. 32. Relation to other laws. Nothing in this Act shall be construed to limit the obligation of a licensee to comply with any other applicable laws or rules, including, but not limited to, the Predatory Loan Prevention Act. Any protections, rights, and remedi…

(815 ILCS 405/32) (from Ch. 121 1/2, par. 532) Sec. 32. If any provision of this Act or the application thereof to any person or circumstances is held invalid, the invalidity shall not affect other provisions or applications of this Act which can be effected without the invalid p…

(815 ILCS 525/32) Sec. 32. Advertising media exempt. Nothing in this Act creates liability for acts by the publisher, owner, agent, or employee of a newspaper, periodical, radio station, television station, cable television system, or other advertising medium arising out of the p…

(815 ILCS 705/32) (from Ch. 121 1/2, par. 1732) Sec. 32. Rules and interpretive opinions. The Administrator may make and enforce such reasonable rules as are necessary to administer and enforce this Act. Such rules and regulations shall conform to and comply with "The Illinois Ad…

(815 ILCS 710/32) Sec. 32. Severability. If any provision of this Act or the application of any provision of this Act to any person or circumstance is held invalid, the invalidity does not affect other provisions or applications of the Act that can be given effect without the inv…

(815 ILCS 124/33) Sec. 33. Limitation on liability. No provision of this Act imposes any liability on a lender as a result of the actual annual percentage rate charged by a lender differing from the estimated annual percentage rate disclosed in conformity with any regulation, ord…

(815 ILCS 705/33) (from Ch. 121 1/2, par. 1733) Sec. 33. Hearings. (a) Notice required. If a hearing is requested or ordered under any provision of this Act, the Administrator shall set the matter for hearing and notice of the time and place for the hearing shall be sent to the f…

(815 ILCS 405/33) (from Ch. 121 1/2, par. 533) Sec. 33. The Retail Installment Sales Act, approved June 17, 1957, as amended, is repealed. Transactions entered into before January 1, 1968 and the rights, duties and interests flowing from them remain valid thereafter and may be sa…

(815 ILCS 405/33.1) Sec. 33.1. Rulemaking authority. The Secretary of Financial and Professional Regulation and his or her designees shall have authority to adopt and enforce reasonable rules, directions, orders, decisions, and findings necessary to execute and enforce this Act a…

(815 ILCS 124/34) Sec. 34. Liberal construction and purpose. This Act shall be liberally construed to protect consumers. (Source: P.A. 104-475, eff. 6-25-26.)

(815 ILCS 705/34) (from Ch. 121 1/2, par. 1734) Sec. 34. Judicial review. All final administrative decisions of the Administrator hereunder shall be subject to judicial review pursuant to the Administrative Review Law, as amended, and any rules adopted pursuant thereto. The term …

(815 ILCS 306/35) Sec. 35. Inability to deliver motor vehicle to facility during business hours. When the consumer is unable to deliver the motor vehicle to the motor vehicle repair facility during business hours and the consumer has requested the motor vehicle repair facility to…

(815 ILCS 137/35) Sec. 35. Bona fide discount points. For the purposes of determining whether the amount of points and fees meets the definition of "high risk home loan" under this Act, either the amounts described in paragraph (1) or (2) of this Section, but not both, shall be e…

(815 ILCS 124/35) Sec. 35. Compliance. No person shall be required to comply with this Act until January 1, 2028, or a later date established by the Department by rule. (Source: P.A. 104-475, eff. 6-25-26.)

(815 ILCS 398/35) Sec. 35. Inspection of records and premises of resale dealers. The required records of each resale dealer are subject to inspection during regular business hours by the appropriate law enforcement official for compliance purposes only on an annual basis or more …

(815 ILCS 121/35) Sec. 35. Violations. (a) Nothing in this Act shall be construed to restrict the exercise of powers or the performance of the duties of the Illinois Attorney General that he or she is authorized to exercise or perform by law. (b) Any violation of this Act constit…

(815 ILCS 177/35) Sec. 35. Applicability to certain entities. No obligation or prohibition imposed upon a creditor, a person, or a facilitator by this Act shall apply to a bank, savings bank, savings and loan association, or credit union operating under the laws of the United Sta…

(815 ILCS 705/35) (from Ch. 121 1/2, par. 1735) Sec. 35. Service of process. Sufficient service of any process in any action brought under this Act may be made by serving a copy thereof with the agency designated to receive process in the disclosure statement filed with the Admin…

(815 ILCS 180/35) Sec. 35. Selection of insurance carrier. Collateral protection insurance may be placed with any insurance carrier selected by the creditor that is licensed to underwrite the insurance by the Department of Insurance. The insurance shall be evidenced by an individ…

(815 ILCS 637/35) Sec. 35. Remedies cumulative. The rights, remedies, and prohibitions contained in this Act shall be in addition to and cumulative of any other right, remedy, or prohibition accorded by common law, or State or federal law and nothing contained herein shall be con…

(815 ILCS 636/35) Sec. 35. Notice of lessee's default and right to cure. After a lessee has been in default for 10 days solely by reason of the lessee's failure to make a timely lease payment and any applicable late charges, the holder may declare the lessee to be in default and …

(815 ILCS 616/35) Sec. 35. Noncompliance. (a) Any waiver by a consumer of any protection provided by or any right of the consumer under this Act: (1) shall be treated as void; and (2) may not be enforced by any federal or State court or any other person. (b) Any attempt by a pers…

(815 ILCS 628/35) Sec. 35. Disclaimer. An in-office membership care agreement shall include the following disclaimer: "This agreement does not provide health insurance coverage, including the minimal essential coverage required by applicable federal law. It provides only the serv…

(815 ILCS 308/35) Sec. 35. Inability to deliver motor vehicle to facility during business hours. When the consumer is unable to deliver the motor vehicle to the collision repair facility during business hours, and the consumer has requested the collision repair facility to take p…

(815 ILCS 615/35) (from Ch. 29, par. 1051-35) Sec. 35. General provisions. (a) All contracts for dating referral services that may be in effect between the same enterprise and the same customer, the term of which overlap for any period, shall be considered as one contract for the…

(815 ILCS 513/35) Sec. 35. Enforcement. (a) The Attorney General or the State's Attorney of any county in this State may bring an action in the name of the people of this State against any person to restrain and prevent any pattern or practice violation of this Act. In the enforc…

(815 ILCS 312/35) Sec. 35. Recovery against indemnification. A motor vehicle insurer that defends or indemnifies a claim against a shared vehicle that is excluded under the terms of its policy shall have the right to seek recovery against the motor vehicle insurer of the car-shar…

(815 ILCS 301/35) Sec. 35. Civil remedies. In addition to pursuing any other remedy, a consumer may bring an action to recover any damages caused by a violation of this Act. The court shall award a consumer who prevails in such an action no more than twice the amount of any pecun…

(815 ILCS 540/35) Sec. 35. Causes of action. (a) A person who brings an action under Section 15 has a separate cause of action for each child born as the result of the fraudulent assisted reproductive treatment. (b) A donor or donor's estate that brings an action under Section 20…

(815 ILCS 525/35) Sec. 35. Exemptions. This Act does not apply to solicitations or representations in connection with: (1) the sale or purchase of books, recordings, video cassettes, periodicals, and similar goods through a membership group or club that is regulated by the Federa…

(815 ILCS 137/35.5) Sec. 35.5. No balloon payments. No high risk home loan may contain a scheduled payment that is more than twice as large as the average of earlier scheduled payments. This Section does not apply when the payment schedule is adjusted to the seasonal or irregular…

(815 ILCS 705/36) (from Ch. 121 1/2, par. 1736) Sec. 36. Books and records. Every franchisor selling franchises in this State shall at all times keep and maintain a complete set of books, records and accounts of such sales. (Source: P.A. 85-551.)

(815 ILCS 705/37) (from Ch. 121 1/2, par. 1737) Sec. 37. Public inspection. (a) Generally. All disclosure statements and other papers and documents received by the Administrator under this Act shall be open to public inspection, except that the Administrator may, in his discretio…

(815 ILCS 124/37) Sec. 37. Violations. (a) Nothing in this Act shall be construed to restrict the exercise of powers or the performance of the duties of the Attorney General that the Attorney General is authorized to exercise or perform by law. (b) A violation of this Act constit…

(815 ILCS 636/37) Sec. 37. Military personnel in military service; termination of lease. (a) In this Act: "Military service" means any full-time training or duty, no matter how described under federal or State law, for which a service member is ordered to report by the President,…

(815 ILCS 705/38) (from Ch. 121 1/2, par. 1738) Sec. 38. Copies to be furnished. On request and at such reasonable charges as he prescribes by rule, the Administrator shall furnish to any person photostatic or other copies, certified under his seal of office if requested, of any …

(815 ILCS 124/38) Sec. 38. Other licenses. A person holding (i) a license under the Consumer Installment Loan Act, (ii) a license under the Collection Agency Act, (iii) a license under the Sales Finance Agency Act, or (iv) a license identified by the Department by rule is not req…

(815 ILCS 124/39) Sec. 39. Safe harbor. A person that (i) was providing buy-now-pay-later loans in this State before January 1, 2028 and (ii) submits an application for a license on or before January 1, 2028 shall be deemed a provisional licensee authorized to continue operating …

(815 ILCS 705/39) (from Ch. 121 1/2, par. 1739) Sec. 39. Destruction of records. (a) Period of retention. The Administrator may destroy any disclosure statements or orders, together with the files and folders, as useless or obsolete, 4 years after the date of receipt or issuance.…

(815 ILCS 370/4) (from Ch. 5, par. 1704) Sec. 4. ASTM standards. (a) All motor fuel and petroleum sold or offered for sale in the State of Illinois shall conform to the standards of this Act. The standards set forth in the Annual Book of ASTM Standards Section 5, Volumes 05.01, 0…

(815 ILCS 715/4) (from Ch. 5, par. 1504) Sec. 4. (1) The wholesaler, manufacturer or distributor shall repurchase that inventory previously purchased from him and held by the retailer at the date of termination of the contract. The wholesaler, manufacturer or distributor shall pa…

(815 ILCS 410/4) (from Ch. 121 1/2, par. 195) Sec. 4. Any person advertising second-hand watches for sale in any manner shall state clearly in such advertisement that the watches so advertised are second-hand watches. If such advertisement is printed or written, the fact that suc…

(815 ILCS 408/4) (was 720 ILCS 350/4) (Text of Section before amendment by P.A. 104-476) Sec. 4. Violation of this Act is a business offense with a fine not to exceed $25. A person or retail mercantile establishment shall not be fined in excess of $500 per year for violations und…

(815 ILCS 605/4) (from Ch. 121 1/2, par. 2104) Sec. 4. In construing this Act consideration shall be given to the interpretations of the Fair Credit Reporting Act (15 U.S.C. Section 1681 et seq.). (Source: P.A. 85-1384.)

(815 ILCS 515/4) (from Ch. 121 1/2, par. 1604) Sec. 4. (a) Violation of paragraphs (1) or (2) of subsection (a) of Section 3 of this Act shall be a Class 4 felony when the amount of the contract or agreement is more than $1,000, a Class A misdemeanor when the amount of the contra…

(815 ILCS 333/4) Sec. 4. Prospective application. This Act applies to any electronic record or electronic signature created, generated, sent, communicated, received, or stored on or after the effective date of this Act. (Source: P.A. 102-38, eff. 6-25-21.)