Illinois Compiled Statutes 815 Business Transactions: Article 4 - Administrative Provisions

• Illinois Payday Loan Reform Act. - 815 ILCS 122, Section 4-5
  Prohibited acts. A licensee or unlicensed person or entity making payday loans may not commit, or have committed on behalf of the licensee or unlicensed...
• Illinois Payday Loan Reform Act. - 815 ILCS 122, Section 4-10
  Enforcement and remedies. (a) The remedies provided in this Act are cumulative and apply to persons or entities subject to this Act. (b) Any material...
• Illinois Payday Loan Reform Act. - 815 ILCS 122, Section 4-15
  Bonding. (a) A person or entity engaged in making payday loans under this Act shall post a bond to the Department in the amount of...
• Illinois Payday Loan Reform Act. - 815 ILCS 122, Section 4-20
  Preemption of administrative rules. Any administrative rule promulgated prior to the effective date of this Act by the Department regarding payday loans is preempted. (Source:...
• Illinois Payday Loan Reform Act. - 815 ILCS 122, Section 4-25
  Reporting of violations. The Department shall report to the Attorney General all material violations of this Act of which it becomes aware. (Source: P.A. 94-13,...
• Illinois Payday Loan Reform Act. - 815 ILCS 122, Section 4-30
  Rulemaking; industry review. (a) The Department may make and enforce such reasonable rules, regulations, directions, orders, decisions, and findings as the execution and enforcement of...
• Illinois Payday Loan Reform Act. - 815 ILCS 122, Section 4-35
  Judicial review. All final administrative decisions of the Department under this Act are subject to judicial review pursuant to the provisions of the Administrative Review...
• Illinois Payday Loan Reform Act. - 815 ILCS 122, Section 4-40
  No waivers. There shall be no waiver of any provision of this Act. (Source: P.A. 94-13, eff. 12-6-05.)
• Illinois Payday Loan Reform Act. - 815 ILCS 122, Section 4-45
  Superiority of Act. To the extent this Act conflicts with any other State financial regulation laws, this Act is superior and supersedes those laws for...
• Illinois Payday Loan Reform Act. - 815 ILCS 122, Section 4-50
  Severability. The provisions of this Act are severable under Section 1.31 of the Statute on Statutes. (Source: P.A. 94-13, eff. 12-6-05.)

Last modified: February 18, 2015