Chapter 815, BUSINESS TRANSACTIONS

(815 ILCS 10/5) Sec. 5. Form of registration in beneficiary form. Registration in beneficiary form may be shown by the words "transfer on death" or the abbreviation "TOD", or by the words "pay on death" or the abbreviation "POD", after the name of the registered owner and before …

(815 ILCS 105/5) (from Ch. 17, par. 603) Sec. 5. Any assignee to whom such sum of money or personal property is, by such indorsement or indorsements, made payable, or in case of the death of such assignee, his executor or administrator, may, in his own name, institute and maintai…

(815 ILCS 115/5) (from Ch. 17, par. 609) Sec. 5. In all suits on negotiable instruments where any of the defendants are jointly liable, and only one or more, but not all of them have been served with summons, if the plaintiff recover, judgment shall be entered in form against all…

(815 ILCS 120/5) (from Ch. 17, par. 855) Sec. 5. (a) Subject to the limitation imposed by subsection (b), any person who has been aggrieved as a result of a violation of this Act may bring an individual action in the circuit court of the county in which the particular financial i…

(815 ILCS 124/5) Sec. 5. Applicability. (a) Except as otherwise provided in this Section, this Act applies to any person, including any affiliate or subsidiary of a person, that offers or makes a loan, buys a whole or partial interest in a loan, arranges a loan for a third party,…

(815 ILCS 135/5) (from Ch. 17, par. 5806) Sec. 5. This Act does not apply to any loan made in accordance with the provisions of Subchapter 1 of Chapter 13 of Title 12 of the United States Code, which is designated as "Housing Renovation and Modernization". (Source: Laws 1963, p. …

(815 ILCS 137/5) Sec. 5. Purpose and construction. The purpose of this Act is to protect borrowers who enter into high risk home loans from abuse that occurs in the credit marketplace when creditors and brokers are not sufficiently regulated in Illinois. This Act is to be constru…

(815 ILCS 140/5) (from Ch. 17, par. 6008) Sec. 5. No credit card issuer shall require a person to reapply for credit solely because of a change in marital status. Nothing in this section shall prevent a credit card issuer from requiring notification of any name change. (Source: P…

(815 ILCS 165/5) (from Ch. 29, par. 955) Sec. 5. Lessor Noncompliance. In any successful action instituted by a lessee to recover all or any portion of a deposit withheld by a lessor who fails to comply with the requirements of Section 4, the lessee shall be entitled to recover 1…

(815 ILCS 170/5) (from Ch. 135, par. 5) Sec. 5. The tender last mentioned may be made either to the plaintiff or his attorney in the suit, and the defendant may avail himself of it in defense, in like manner as if it had been made before the commencement of the action, bringing i…

(815 ILCS 177/5) Sec. 5. Definitions. The following definitions apply in this Act: "Consumer" means any natural person who, singly or jointly with another consumer, is solicited for, applies for, or receives the proceeds of a refund anticipation loan or refund anticipation check.…

(815 ILCS 180/5) Sec. 5. Definitions. In this Act, unless the context otherwise requires, the following words and phrases shall have the following meanings: "Collateral" means any or all property pledged or otherwise used to secure payment, repayment, or performance under a credi…

(815 ILCS 205/5) (from Ch. 17, par. 6412) Sec. 5. No person or corporation shall directly or indirectly accept or receive, in money, goods, discounts or thing in action, or in any other way, any greater sum or greater value for the loan, forbearance or discount of any money, good…

(815 ILCS 305/5) (from Ch. 134, par. 105) Sec. 5. Definitions. For purpose of this Act: (a) "Autodialer" or "Autodialer System" means any telephone dialing or accessing device, machine, computer or system capable of storing telephone numbers which is programmed to sequentially or…

(815 ILCS 306/5) Sec. 5. Legislative finding. The automotive repair industry supports good communication between motor vehicle repair facilities and their customers. The General Assembly recognizes that improved communications and accurate representations between automotive repai…

(815 ILCS 308/5) Sec. 5. Purpose. With the increased complexity and technology involved in the repair of collision-damaged motor vehicles, there is a need for improved communication and accounting between collision repair businesses and motor vehicle owners. This Act enables purc…

(815 ILCS 309/5) Sec. 5. Definitions. In this Act: "Merchant" means a person who, in the ordinary course of business, regularly rents or leases furniture or electronic equipment to customers, but does not include a person who offers any lease that is automatically renewable with …

(815 ILCS 312/5) Sec. 5. Definitions. As used in this Act: "Peer-to-peer car sharing" means the authorized use of a vehicle by an individual other than the vehicle's owner through a car-sharing program. "Peer-to-peer car sharing" does not include "rent a motor vehicle to another"…

(815 ILCS 318/5) Sec. 5. Definitions. For the purposes of this Act, unless the context indicates otherwise: "Companion animal" or "animal" means a deceased animal that had a companion or pet relationship with an owner at the time of the animal's death. "Provider of companion anim…

(815 ILCS 320/5) (from Ch. 121 1/2, par. 1405) Sec. 5. (1) An art dealer may accept a work of fine art for commission on consignment from an artist only if prior to or within seven days of acceptance the art dealer enters into a written contract with the artist which shall includ…

(815 ILCS 322/5) (This Section may contain text from a Public Act with a delayed effective date) Sec. 5. Definitions. As used in this Act: "Consumer product" means any machine, appliance, clothing, or similar product bought for personal, family, or household purposes. "Consumer p…

(815 ILCS 325/5) (from Ch. 121 1/2, par. 325) Sec. 5. Exemptions. The provisions of Sections 3, 4.2, and 4.3 of this Act do not apply to electrical contractors, to agencies or instrumentalities of the State of Illinois or of the United States, to units of local government, their …

(815 ILCS 333/5) Sec. 5. Use of electronic records and electronic signatures; variation by agreement. (a) This Act does not require a record or signature to be created, generated, sent, communicated, received, stored, or otherwise processed or used by electronic means or in elect…

(815 ILCS 338/5) Sec. 5. Definitions. As used in this Act: "Agreement" means a written agreement between a merchant and a third-party delivery service. "Customer" means the person, business, or other entity that places an order for a merchant's products through a digital network.…

(815 ILCS 340/5) (from Ch. 5, par. 1555) Sec. 5. The term of any express written warranty, such one-year period, and such 30 day repair period shall be extended by any period of time during which repair services or replacement parts are not available to the consumer because of a …

(815 ILCS 345/5) (from Ch. 121 1/2, par. 365) Sec. 5. No catalogue, prospectus or circular offering fine prints for sale in this State shall be knowingly published or distributed, or both, unless it clearly and conspicuously discloses the relevant informational detail concerning …

(815 ILCS 350/5) (from Ch. 121 1/2, par. 157.5) Sec. 5. Issuance of license-Restrictions. The clerk, upon receipt of an application giving fully and completely the information under oath as required by section 4 above and upon receipt of the fee hereinafter provided for, shall is…

(815 ILCS 357/5) Sec. 5. Definitions. As used in this Act: "Animal part or product" means any item that contains, or is wholly or partially made from, the following animal family, genus, or species: cheetah (Acinonyx jubatus), elephant (Elephantidae), giraffe (Giraffa cameloparda…

(815 ILCS 360/5) (from Ch. 121 1/2, par. 875) Sec. 5. Delivery dates: (a) Upon completion of lay-away payments in a sale of consumer goods for delivery subsequent to completion of payments, the seller shall give the buyer, in writing, an estimated range of delivery dates, such ra…

(815 ILCS 361/5) Sec. 5. Findings. (a) Micromobility devices, such as electric bicycles, electric scooters, and personal e-mobility devices, like hoverboards and electric unicycles, are increasingly popular, battery-powered transportation options for American consumers and worker…

(815 ILCS 362/5) Sec. 5. Definitions. As used in this Act: "Consumer" means an individual who purchases a new modular housing unit from the seller for primarily personal, household, or family purposes. "Express warranty" has the meaning given to that term in the Uniform Commercia…

(815 ILCS 301/5) Sec. 5. Definitions. In this Act: "Assistive technology device" means any item, piece of equipment, or product system, whether acquired commercially, modified, or customized, that is purchased or leased, or whose transfer is accepted in this State, and that is us…

(815 ILCS 5/5) (from Ch. 121 1/2, par. 137.5) Sec. 5. Registration of Securities. All securities except those set forth under Section 2a of this Act, or those exempt under Section 3 of this Act, or those offered or sold in transactions exempt under Section 4 of this Act, or face …

(815 ILCS 636/5) Sec. 5. Statement of intent. It is the purpose of this Act to promote the understanding of vehicle leasing in this State by providing for the disclosure of lease obligations to consumer lessees. (Source: P.A. 89-625, eff. 1-1-97.)

(815 ILCS 150/5) (from Ch. 17, par. 6205) Sec. 5. Nothing in this Act shall in any way alter or diminish the liabilities of credit card issuers as heretofore existent under the laws of the United States or the State of Illinois. (Source: P.A. 80-531.)

(815 ILCS 330/5) (from Ch. 147, par. 49) Sec. 5. It shall be unlawful for any person, firm or corporation either individually or in representative capacity selling, carrying for sale or endeavoring to sell any awnings, paulins, wagon covers, tent, grain and hay covers, stable or …

(815 ILCS 410/5) (from Ch. 121 1/2, par. 196) Sec. 5. Any violation of this Act shall constitute a Class B misdemeanor. (Source: P.A. 77-2256.)

(815 ILCS 520/5) (from Ch. 134, par. 155) Sec. 5. Definitions. As used in this Act, the following terms have the meanings set forth herein. "Pay-per-call" means a call made by means of a 10 digit numbering sequence under which the caller is billed for the call made to a sponsor o…

(815 ILCS 628/5) Sec. 5. Public policy. It is the policy of the State of Illinois to promote personal responsibility for health care and the cost-effective delivery of dental services by encouraging innovative use of in-office membership care practices for dental care. In-office …

(815 ILCS 205/5.1) (from Ch. 17, par. 6412.1) Sec. 5.1. Notwithstanding any other law to the contrary, it shall be unlawful for any person to charge interest on any first class claim as defined in Section 18-10 of the Probate Act of 1975 until 60 days after issuance of letters of…

(815 ILCS 370/5.1) (from Ch. 5, par. 1705.1) Sec. 5.1. Enforcement and administration. (a) The Department shall enforce and administer the provisions of this Act. (b) The Department shall have access during normal business hours to all distributor and retailer records relating to…

(815 ILCS 124/5.5) Sec. 5.5. Licensee name. No person engaged in the business regulated by this Act shall operate the business under a name other than the real name of the person conducting business. The business may, as authorized by the Secretary, also operate under an assumed …

(815 ILCS 308/50) Sec. 50. Consumer disclosures; required signs. Every motor vehicle repair facility shall post in a prominent place on the business premises one or more signs, readily visible to customers, in the following form: YOUR CUSTOMER RIGHTS. UNLESS THE FACILITY PROVIDES…

(815 ILCS 636/50) Sec. 50. Restriction on the reporting of early terminations. The holder shall not report the voluntary early termination of a consumer lease to a consumer reporting agency as a default unless the lessee fails to satisfy the lessee's early termination obligations…

(815 ILCS 312/50) Sec. 50. Driver's license verification and data retention. (a) A car-sharing program may not enter into a car-sharing agreement with a driver unless the driver who will operate the shared vehicle: (1) holds a driver's license issued under the laws of this State …

(815 ILCS 306/50) Sec. 50. Disclosures to consumers; invoices. (a) Disclosures required. Whether or not a written estimate is required, parts and labor provided by a motor vehicle repair facility shall be clearly and accurately recorded in writing on an invoice and shall include …

(815 ILCS 180/50) Sec. 50. No cause of action created. A creditor is not, by virtue of this Act, required to purchase collateral protection insurance or to otherwise insure collateral. A creditor shall not, by virtue of this Act, be liable to a debtor or to any other person for n…

(815 ILCS 615/50) (from Ch. 29, par. 1051-50) Sec. 50. Enforcement by Attorney General. All remedies, penalties, and authority granted to the Attorney General by the Consumer Fraud and Deceptive Business Practices Act shall be available to him for the enforcement of this Act, and…

(815 ILCS 121/50) Sec. 50. Effect of communication on privileges. No communication between the consumer's attorney in the legal claim and the consumer legal funding company as it pertains to the consumer legal funding shall limit, waive, or abrogate the scope or nature of any sta…

(815 ILCS 530/50) Sec. 50. Entities subject to the federal Health Insurance Portability and Accountability Act of 1996. Any covered entity or business associate that is subject to and in compliance with the privacy and security standards for the protection of electronic health in…