Chapter 815, BUSINESS TRANSACTIONS

(815 ILCS 325/4.3) (Text of Section before amendment by P.A. 104-689) Sec. 4.3. Purchases of copper. A recyclable metal dealer shall not pay cash in payment for any copper, including copper tubing or wiring, having a value of $100 or more. Payment for these materials must be made…

(815 ILCS 325/4.4) Sec. 4.4. Purchase of a catalytic converter or its contents. (a) It is unlawful for any person to purchase or otherwise acquire a used, detached catalytic converter or any nonferrous part thereof unless all of the following apply: (1) the person is a licensed r…

(815 ILCS 325/4.5) Sec. 4.5. Purchase of beer kegs by recyclable metal dealers. (a) A recyclable metal dealer may not purchase metal beer kegs from any person other than the beer manufacturer whose identity is printed, stamped, attached, or otherwise displayed on the beer keg, or…

(815 ILCS 715/4.5) Sec. 4.5. Warranty work. Retailers who do warranty repair work for a consumer under the provisions of a manufacturer's express warranty shall be reimbursed by the manufacturer for warranty work at an hourly rate that is the same as or greater than the hourly la…

(815 ILCS 325/4.6) Sec. 4.6. Lost or stolen metals. If a recyclable metal dealer suspects property in his or her possession to be lost or stolen, then he or she shall immediately notify the local law enforcement agency having jurisdiction and provide the law enforcement agency wi…

(815 ILCS 398/40) Sec. 40. Holding period. (a) No resale dealer shall expose for sale, sell, trade, barter, melt, crush or compact, destroy, or otherwise dispose of any individually identifiable article within 10 days after the date of purchasing or receiving the article. No resa…

(815 ILCS 530/40) Sec. 40. Disposal of materials containing personal information; Attorney General. (a) In this Section, "person" means: a natural person; a corporation, partnership, association, or other legal entity; a unit of local government or any agency, department, divisio…

(815 ILCS 628/40) Sec. 40. Restrictions on transfer. An in-office membership care agreement may not be sold or transferred by the dental care provider without the written consent of the patient and may be transferred only to another dental care provider. An in-office membership c…

(815 ILCS 637/40) Sec. 40. Exceptions. This Act shall not apply to contracts between copyright owners or performing rights societies and broadcasters licensed by the Federal Communications Commission, or to contracts with cable operators, programmers, or other transmission servic…

(815 ILCS 525/40) Sec. 40. Violations. (a) Nothing in this Act may be construed to permit an activity otherwise prohibited by law. (b) Enforcement by consumer. A consumer who suffers loss by reason of any intentional violation of any provision of this Act may bring a civil action…

(815 ILCS 121/40) Sec. 40. Assignability; liens. (a) The contingent right to receive an amount of the potential proceeds of a legal claim is assignable by a consumer. (b) Only liens related to the legal claim, including attorney's liens, Medicare, or other statutory liens, shall …

(815 ILCS 636/40) Sec. 40. Establishment of realized value at lease termination when purchase option not exercised. (a) If a consumer lease is terminated early and the lessee is not in default and does not exercise a purchase option or if the lessee's liability at the scheduled e…

(815 ILCS 616/40) Sec. 40. Civil remedies; injunction. (a) A material violation of this Act constitutes an unlawful practice under the Consumer Fraud and Deceptive Business Practices Act. All remedies, penalties, and authority granted to the Attorney General or State's Attorney b…

(815 ILCS 615/40) (from Ch. 29, par. 1051-40) Sec. 40. Prohibited acts. (a) Unfair or deceptive acts and practices are prohibited, including but not limited to: use of coercive sales tactics; misrepresentation of the quality, benefits or nature of services; misrepresenting the qu…

(815 ILCS 306/40) Sec. 40. Motor vehicle repair facility unable to complete repair in time. If the motor vehicle repair facility is unable to complete the repairs in the time promised, the facility shall notify the owner or the owner's agent of this fact. After receiving that not…

(815 ILCS 177/40) Sec. 40. Violation. A violation of this Act constitutes an unlawful practice under the Consumer Fraud and Deceptive Business Practices Act. (Source: P.A. 97-849, eff. 1-1-13.)

(815 ILCS 540/40) Sec. 40. Other remedies. Nothing in this Act may be construed to prohibit a person from pursuing any other remedy provided by law. (Source: P.A. 103-478, eff. 1-1-24.)

(815 ILCS 124/40) Sec. 40. Relation to other laws. Any loan made under and in compliance with this Act is not required to comply with the Consumer Installment Loan Act or the Payday Loan Reform Act. (Source: P.A. 104-475, eff. 6-25-26.)

(815 ILCS 180/40) Sec. 40. Substantial compliance. (a) A creditor that places collateral protection insurance in substantial compliance with the terms of this Act shall not be directly or indirectly liable in any manner to a debtor, co-signor, guarantor, or any other person, in c…

(815 ILCS 308/40) Sec. 40. Disclosures to consumers; invoices. (a) On completion of repairs, the collision repair facility shall provide the consumer with an accurate record in the form of a final estimate or invoice. An estimate that is stamped "invoice" may be deemed the same a…

(815 ILCS 137/40) Sec. 40. Pre-paid insurance products and warranties. No lender shall transfer, deal in, offer, or make a high risk home loan that finances a single premium credit life, credit disability, credit unemployment, or any other life or health insurance, directly or in…

(815 ILCS 312/40) Sec. 40. Insurable interest. (a) Notwithstanding any other law, statute, rule, or regulation to the contrary, a car-sharing program shall have an insurable interest in a shared vehicle during the car-sharing period and may provide or offer to provide coverage to…

(815 ILCS 705/40) (from Ch. 121 1/2, par. 1740) Sec. 40. Fees. (a) The Administrator shall charge and collect the fees fixed by this Section, or as prescribed by rule of the Administrator. All fees and charges collected under this Section shall be transmitted to the State Treasur…

(815 ILCS 620/401) (from Ch. 29, par. 401) Sec. 401. Contract requirements. Every contract for invention development services shall set forth in at least 10-point boldface type, or equivalent size if handwritten, all of the following: (a) A full and detailed description of the ac…

(815 ILCS 620/402) (from Ch. 29, par. 402) Sec. 402. Right of cancellation. Each party's right of cancellation of the contract shall be maintained: (a) Notwithstanding any contractual provision to the contrary, the invention developer and the customer shall each have the right to…

(815 ILCS 705/41) (from Ch. 121 1/2, par. 1741) Sec. 41. Waivers void. Any condition, stipulation, or provision purporting to bind any person acquiring any franchise to waive compliance with any provision of this Act or any other law of this State is void. This Section shall not …

(815 ILCS 705/42) (from Ch. 121 1/2, par. 1742) Sec. 42. Burden of proof. In any proceeding under this Act, the burden of proving an exemption or an exception from a definition is upon the person claiming it. (Source: P.A. 85-551.)

(815 ILCS 705/43) (from Ch. 121 1/2, par. 1743) Sec. 43. Construction. This Act shall be liberally construed to effect the purposes thereof. (Source: P.A. 85-551.)

(815 ILCS 705/44) (from Ch. 121 1/2, par. 1744) Sec. 44. This Act shall not be construed to repeal any right, claim, penalty, offense or punishment existing under The Franchise Disclosure Act prior to the date this Act takes effect. This Act shall apply only to actions undertaken…

(815 ILCS 636/45) Sec. 45. Restriction on early termination liability. (a) The lessee shall have the right to terminate the consumer lease at any time after the lessee has made 12 full periodic lease payments for which lease charges have been accrued by the holder or, in the case…

(815 ILCS 398/45) Sec. 45. Hold order. (a) For the purposes of this Section, "hold order" means a written legal instrument issued to a resale dealer by a law enforcement officer commissioned by the appropriate law enforcement official of the municipality or county that licenses a…

(815 ILCS 628/45) Sec. 45. Effect of this Act. This Act does not prohibit dental care providers who are not dental care providers offering in-office membership care agreements from entering into agreements with patients to the extent such agreements do not violate the provisions …

(815 ILCS 308/45) Sec. 45. Consumer disclosures; guarantees; warranties. (a) If a collision repair facility provides a warranty on repair parts and labor, the facility shall put the warranty in writing and give a legible copy to the consumer. The consumer's copy of the warranty m…

(815 ILCS 312/45) Sec. 45. Consumer protection disclosures. Each car-sharing agreement made in this State shall disclose to the shared-vehicle owner and the shared-vehicle driver: (1) Any right of the car-sharing program to seek indemnification from the shared-vehicle owner or th…

(815 ILCS 615/45) (from Ch. 29, par. 1051-45) Sec. 45. Enforcement by customer. Any customer injured by a violation of this Act may bring an action for the recovery of damages. Judgment may be entered for 3 times the amount at which the actual damages are assessed, plus costs, an…

(815 ILCS 616/45) Sec. 45. Notice. The Illinois Student Assistance Commission must make available on its Internet website the most current disclosure of free support, and the educational planning service provider is responsible for providing to the consumer the most current discl…

(815 ILCS 137/45) Sec. 45. Refinancing prohibited in certain cases. No lender shall refinance any high risk home loan where such refinancing charges additional points and fees within a 12-month period after the original loan agreement was signed, unless the refinancing results in…

(815 ILCS 530/45) Sec. 45. Data security. (a) A data collector that owns or licenses, or maintains or stores but does not own or license, records that contain personal information concerning an Illinois resident shall implement and maintain reasonable security measures to protect…

(815 ILCS 180/45) Sec. 45. No fiduciary relationship. This Act does not impose a fiduciary relationship between the creditor and the debtor. Placement of collateral protection insurance is for the sole purpose of protecting the interest of the creditor when the debtor fails to in…

(815 ILCS 540/45) Sec. 45. (Amendatory provisions; text omitted). (Source: P.A. 103-478, eff. 1-1-24; text omitted.)

(815 ILCS 306/45) Sec. 45. Consumer's waiver of estimate. A consumer may waive the right to receive a written estimate if the waiver is voluntary and made without coercion by the motor vehicle repair facility. A motor vehicle repair facility or anyone in its employ shall not make…

(815 ILCS 121/45) Sec. 45. Attorney prohibitions. An attorney or law firm retained by the consumer in the legal claim shall not have a financial interest in the consumer legal funding company offering consumer legal funding to that consumer. Additionally, any attorney who has ref…

(815 ILCS 205/4a) (from Ch. 17, par. 6410) Sec. 4a. Installment loan rate. (a) On money loaned to or in any manner owing from any person, whether secured or unsecured, except where the money loaned or in any manner owing is directly or indirectly for the purchase price of real es…

(815 ILCS 205/4b) (from Ch. 17, par. 6411) Sec. 4b. In order to assure compliance with applicable Federal law, any State agency having chartering or licensing powers or regulatory or supervisory authority over a class of creditors affected by this Act may promulgate rules and reg…

(815 ILCS 616/5) Sec. 5. Findings. The General Assembly finds and declares all of the following: (1) It is in the interest of this State to protect Illinois residents and their families from the predatory and deceptive practices of certain educational planning service providers. …

(815 ILCS 398/5) Sec. 5. Definitions. For the purposes of this Act: "Appropriate law enforcement official" means the sheriff of the county where a resale dealer is located or, if the resale dealer is located within a municipality, the police chief of the municipality, provided, h…

(815 ILCS 405/5) (from Ch. 121 1/2, par. 505) Sec. 5. Every retail installment contract shall disclose the following items, as applicable: (1) The cash price of the property or service purchased, using the term "cash price". (2) The amount of the down payment itemized, as applica…

(815 ILCS 510/5) (from Ch. 121 1/2, par. 315) Sec. 5. This Act shall be construed to effectuate its general purpose to make uniform the law of those states which enact it. (Source: Laws 1965, p. 2647.)

(815 ILCS 518/5) Sec. 5. Definitions. As used in this Act: "Criminal background screening" means a name search for a person's criminal convictions initiated by an Internet dating service provider, an Internet child care service provider, an Internet senior care service provider, …

(815 ILCS 121/5) Sec. 5. Definitions. As used in this Act: "Advertise" means publishing or disseminating any written, electronic, or printed communication, or any communication by means of recorded telephone messages or transmitted on radio, television, the Internet, or similar c…