ILCS » Chapter 765 · Act 715
Illinois Compiled Statutes

765 ILCS 715/0.01 (2026)

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✓ current as of May 2026
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(765 ILCS 715/0.01) (from Ch. 80, par. 120)
    Sec. 0.01. Short title. This Act may be cited as the Security Deposit Interest Act.
(Source: P.A. 86-1324.)

    
Notes of Decisions
Cited in 11 cases (1 in the last 5 years), 2001–2021 · leading case: Lawrence v. Regent Realty Grp., Inc., 754 N.E.2d 334 (Ill. 2001).
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Lawrence v. Regent Realty Grp., Inc., 754 N.E.2d 334 (Ill. 2001). · cites it 4× “That willfulness is not required to recover double damages under section 5-12-080(f) of the RLTO is further supported by a comparison between that ordinance and this state's Security Deposit Interest Act (765 ILCS 715/0.01 et seq. (West 1998)). In contrast to section…”
Jackim v. CC-Lake, Inc., 842 N.E.2d 1113 (Ill. App. Ct. 2005). · cites it 3× “765 ILCS 715/0.01 et seq. (West 2002). The circuit court, however, granted CC-Lake’s motion to dismiss the complaint with prejudice pursuant to section 2 — 615 of the Illinois Code of Civil Procedure.”
Joiner v. SVM Mgmt., LLC, 2020 IL 124671 (Ill. 2020). “After they moved out, defendant returned their security deposit but failed to pay interest on that deposit, as required by the Security Deposit Interest Act (Deposit Act) (765 ILCS 715/0.01 et seq. (West 2016)). Plaintiffs brought two class-action claims and an individual claim…”
Wang v. Williams, 797 N.E.2d 179 (Ill. App. Ct. 2003). · cites it 3× “On appeal, the plaintiff raises the following issues: (1) whether the circuit court erred in dismissing count II of his complaint, which alleged a violation of the Security Deposit Interest Act (the Act) (765 ILCS 715/0.01 et seq. (West 2000)), and (2) whether the circuit court…”
Dickson v. West Koke Mill Vill. Partners, 769 N.E.2d 971 (Ill. App. Ct. 2002). “01 through 3 (West 1996)), plus costs and attorney fees for defendant’s alleged failure to pay the lessees of its apartments interest on their security deposits within 30 days after the end of each 12-month rental period. Plaintiff filed this action on behalf of a class…”
Joiner v. SVM Mgmt., LLC, 2020 IL 124671 (Ill. 2020). “After they moved out, defendant returned their security deposit but failed to pay interest on that deposit, as required by the Security Deposit Interest Act (Deposit Act) (765 ILCS 715/0.01 et seq. (West 2016)). Plaintiffs brought two class-action claims and an individual claim…”
Jackim v. CC-Lake Opinion corrected on 02/10/06 (Ill. App. Ct. 2005). · cites it 3× “765 ILCS 715/0.01 et seq. (West 2002). The circuit court, however, granted CC-Lake's motion to dismiss the complaint with prejudice pursuant to section 2-615 of the Illinois Code of Civil Procedure.”
Lawrence v. Regent Realty Grp., Inc. (Ill. 2001). · cites it 2× “That willfulness is not required to recover double damages under section 5–12–080(f) of the RLTO is further supported by a comparison between that ordinance and this state’s Security Deposit Interest Act (765 ILCS 715/0.01 et seq. (West 1998)). In contrast to section…”
Joiner v. SVM Mgmt., LLC, 2020 IL 124671 (Ill. 2021). “After they moved out, defendant returned their security deposit but failed to pay interest on that deposit, as required by the Security Deposit Interest Act (Deposit Act) (765 ILCS 715/0.01 et seq. (West 2016)). Plaintiffs brought two class-action claims and an individual claim…”
Dickson v. West Koke Mill Vill. Partners (Ill. App. Ct. 2002). “Plaintiff filed this action on behalf of a class consisting of all persons who (1) had been tenants of the West Koke Mill Village Apartments within five years prior to the filing of the complaint, (2) had provided defendant with a security deposit, (3) were not in default of…”
Kutcher v. Barry Realty, Inc., 841 N.E.2d 73 (Ill. App. Ct. 2005). “On April 29, 2003, plaintiff, individually and on behalf of all others similarly situated, filed her original complaint against defendants under the Illinois Security Deposit Interest Act (Act) (765 ILCS 715/ 0.01 et seq. (West 2002)). On July 14, 2004, a second amended…”
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