Illinois Compiled Statutes 815 ILCS 150 Unsolicited Credit Card Act of 1977. Section 3

    (815 ILCS 150/3) (from Ch. 17, par. 6203)

    Sec. 3. No financial institution or other person or corporation doing business in this State shall issue any person a credit card, regardless of whether such credit card is to be used for personal, family, household, agricultural, business or commercial purposes, except (1) in response to a request or application therefor; or (2) as a renewal of, or in substitution for, an accepted credit card whether such card is issued by the same or a successor card issuer.

(Source: P.A. 80-531.)

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Last modified: February 18, 2015