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Current as of January 01, 2025 | Updated by Findlaw Staff
§ 2E. Any person who is regularly engaged in the business of providing or furnishing merchandise to consumers or in making loans to consumers and who has committed in any calendar year 3 or more violations, as determined in any civil or criminal proceeding, of the “Consumer Finance Act”; 1 the “Consumer Installment Loan Act”; 2 the “Retail Installment Sales Act”; 3 the “Motor Vehicle Retail Installment Sales Act”; 4 “An Act to revise the law in relation to the rate of interest and to repeal certain acts therein named”, approved May 24, 1879, as amended; 5 “An Act to promote the welfare of wage-earners by regulating the assignment of wages, and prescribing a penalty for the violation thereof”, approved July 1, 1935, as amended; 6 or Part 8 of Article XII of the Code of Civil Procedure, as amended, 7 or of any 2 or more of those Acts, is guilty of an unlawful practice within the meaning of this Act. Nothing in this Section prohibits the prosecution of a person under the Acts specified herein as well as under this Act.
Cite this article: FindLaw.com - Illinois Statutes Chapter 815. Business Transactions § 505/2E. Repeated violations of certain acts as unlawful practices; prosecutions - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-815-business-transactions/il-st-sect-815-505-2e/
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