Illinois Compiled Statutes 205 ILCS 670 Consumer Installment Loan Act. Section 13

    (205 ILCS 670/13) (from Ch. 17, par. 5413)

    Sec. 13. Prohibition against taking power of attorney. No licensee shall take any power of attorney except to cancel any policies of insurance financed by the licensee as permitted by this Act and to receive either rebate of unearned premiums or loss payments.

(Source: P.A. 90-437, eff. 1-1-98.)

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Last modified: February 18, 2015