Illinois Compiled Statutes

205 ILCS 660/8.9 (2026)

Fraud, misrepresentation, or concealment by the licensee of material facts that are required to be disclosed to a retail buyer under the Retail Installment Sales Act or the Motor Vehicle Retail Installment Sales Act

✓ current as of May 2026
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(205 ILCS 660/8.9) (from Ch. 17, par. 5217)
    Sec. 8.9. Fraud, misrepresentation, or concealment by the licensee of material facts that are required to be disclosed to a retail buyer under the Retail Installment Sales Act or the Motor Vehicle Retail Installment Sales Act.
(Source: P.A. 90-437, eff. 1-1-98.)

    
Notes of Decisions
Cited in 2 cases, 1996–1996 · leading case: Grimaldi v. Webb, 668 N.E.2d 39 (Ill. App. Ct. 1996).
Grimaldi v. Webb, 668 N.E.2d 39 (Ill. App. Ct. 1996). · cites it 4× “9 of the Sales Finance Agency Act (205 ILCS 660/8.9 (West 1992)), by "acquiescing in” and "approving of’ Packey Webb’s misrepresentations regarding the cost of the extended warranty, thereby increasing the amount of credit extended by FMCC.”
Ortiz v. Gen. Motors Acceptance Corp., Inc., 673 N.E.2d 424 (Ill. App. Ct. 1996). “” 205 ILCS 660/8.9 (West 1992). Paragraph 87 essentially repeats the allegations of paragraph 86 that GMAC failed to disclose how SII functioned differently from dual interest insurance.”
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