Illinois Compiled Statutes 205 Financial Regulation: Article -
- Illinois Pawnbroker Regulation Act. - 205 ILCS 510, Section 0.01
Short title. This Act may be cited as the Pawnbroker Regulation Act. (Source: P.A. 86-1324.)
- Illinois Pawnbroker Regulation Act. - 205 ILCS 510, Section 0.05
Administration of Act. (a) This Act shall be administered by the Secretary of Financial and Professional Regulation, and, beginning on July 28, 2010 (the effective...
- Illinois Pawnbroker Regulation Act. - 205 ILCS 510, Section 1
(a) Every individual or business entity which lends money on the deposit or pledge of physically delivered personal property, other than property the ownership of...
- Illinois Pawnbroker Regulation Act. - 205 ILCS 510, Section 1.5
Misleading practices and names prohibited. It shall not be lawful for an individual or business entity to conduct business in this State using the...
- Illinois Pawnbroker Regulation Act. - 205 ILCS 510, Section 2
It shall be unlawful for any pawnbroker to charge or collect a greater benefit or percentage upon money advanced, and for the use and...
- Illinois Pawnbroker Regulation Act. - 205 ILCS 510, Section 3
Every pawnbroker shall at all times have and keep Section 2 of this act printed in the English language and framed and posted in...
- Illinois Pawnbroker Regulation Act. - 205 ILCS 510, Section 4
Every pawnbroker shall, at the time of making any advancement or loan, deliver to the person pawning or pledging any property, a memorandum, contract, or...
- Illinois Pawnbroker Regulation Act. - 205 ILCS 510, Section 5
Record requirements. (a) Except in municipalities located in counties having 3,000,000 or more inhabitants, every pawn and loan broker shall keep a standard record book...
- Illinois Pawnbroker Regulation Act. - 205 ILCS 510, Section 5.5
Replacement of articles or property; insurance. In the event that any articles or property pledged are lost or rendered inoperable, the pawnbroker shall replace the...
- Illinois Pawnbroker Regulation Act. - 205 ILCS 510, Section 6
Inspection of records. (a) The book or computer records, as well as every article or other thing of value so pawned or pledged, shall at...
- Illinois Pawnbroker Regulation Act. - 205 ILCS 510, Section 7
Daily report. (a) Except as provided in subsection (b), it shall be the duty of every pawnbroker to make out and deliver to the sheriff...
- Illinois Pawnbroker Regulation Act. - 205 ILCS 510, Section 7.5
Report to the Secretary. The Secretary, as often as the Secretary shall deem necessary or proper, may require a pawnshop to submit a full and...
- Illinois Pawnbroker Regulation Act. - 205 ILCS 510, Section 8
No pawnbroker shall take or receive any pawn or pledge for any advancement or loan, any property of any kind from any minor who...
- Illinois Pawnbroker Regulation Act. - 205 ILCS 510, Section 9
No pawnbroker shall purchase or take any article in pawn or pledge from any person appearing to be intoxicated, nor from any person known...
- Illinois Pawnbroker Regulation Act. - 205 ILCS 510, Section 10
Sale of property. No personal property received on deposit or pledge or purchased by any pawnbroker shall be sold or permitted to be redeemed...
- Illinois Pawnbroker Regulation Act. - 205 ILCS 510, Section 11
Violations. Every person who knowingly violates the provisions of this Act shall, for the first offense, be guilty of a Class C misdemeanor, and...
- Illinois Pawnbroker Regulation Act. - 205 ILCS 510, Section 12
Hold order. (a) For the purposes of this Section, "hold order" means a written legal instrument issued to a pawnbroker by a law enforcement officer...
- Illinois Pawnbroker Regulation Act. - 205 ILCS 510, Section 15
(Repealed). (Source: P.A. 96-1038, eff. 7-14-10. Repealed by P.A. 98-1096, eff. 1-1-15.)
- Illinois Pawnbroker Regulation Act. - 205 ILCS 510, Section 20
Precious Metal Purchasers Task Force. (a) The General Assembly finds: (1) There has been, and continues to be, a significant expansion in the volume of...
Last modified: February 18, 2015