ILCS » Chapter 205 · Act 660
Illinois Compiled Statutes

205 ILCS 660/10.3 (2026)

No suspension, revocation or surrender of a license issued under this Act impairs or affects the obligation of any retail installment contract, retail charge agreement or evidence of indebtedness acquired previously thereto by the licensee

✓ current as of May 2026
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(205 ILCS 660/10.3) (from Ch. 17, par. 5226)
    Sec. 10.3. No suspension, revocation or surrender of a license issued under this Act impairs or affects the obligation of any retail installment contract, retail charge agreement or evidence of indebtedness acquired previously thereto by the licensee.
(Source: Laws 1967, p. 2062.)

    
Notes of Decisions
Cited in 2 cases, 1998–1998 · leading case: Dixon v. Mercury Fin. Co. of Wisconsin, 694 N.E.2d 693 (Ill. App. Ct. 1998).
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Dixon v. Mercury Fin. Co. of Wisconsin, 694 N.E.2d 693 (Ill. App. Ct. 1998). · cites it 2× “” 205 ILCS 660/10.3 (West 1994). Similarly, section 13.”
Dixon v. Mercury Fin. Co. (Ill. App. Ct. 1998). · cites it 2× “” 205 ILCS 660/10.3 (West 1994). Similarly, section 13.”
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