ILCS » Chapter 205 · Act 660
Illinois Compiled Statutes

205 ILCS 660/15 (2026)

Any person who engages in business as a sales finance agency without the license required by this Act shall be guilty of a Class 4 felony

✓ current as of May 2026
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(205 ILCS 660/15) (from Ch. 17, par. 5233)
    Sec. 15. Any person who engages in business as a sales finance agency without the license required by this Act shall be guilty of a Class 4 felony.
(Source: P.A. 90-437, eff. 1-1-98.)

    
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 660/15 (West 1994). The Act’s damages provision states: “An individual who sustains loss as a result of a sales finance agency’s violation of this Act may, in a civil action against the sales finance agency, recover damages, or may, in an action brought by the sales…”
Dixon v. Mercury Fin. Co. (Ill. App. Ct. 1998). · cites it 2× “” 205 ILCS 660/15 (West 1994). The Act’s damages provision states: “An individual who sustains loss as a result of a sales finance agency’s violation of this Act may, in a civil action against the sales finance agency, recover damages, or may, in an action brought by the sales…”
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