Illinois Compiled Statutes

815 ILCS 150/4 (2026)

Any person, corporation or financial institution who violates the provisions of this Act shall be guilty of a business offense, and may be fined an amount not to exceed $500

✓ current as of May 2026

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(815 ILCS 150/4) (from Ch. 17, par. 6204)

Sec. 4.

Any person, corporation or financial institution who violates the provisions
of this Act shall be guilty of a business offense, and may be fined an amount
not to exceed $500.

(Source: P.A. 80-531.)





    Notes of Decisions
    
        Cited in 2
        cases, 2010–2010            · leading case: Fandel v. Allen, 937 N.E.2d 1124 (Ill. App. Ct. 2010).            
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            Fandel v. Allen, 937 N.E.2d 1124 (Ill. App. Ct. 2010). · cites it 2×                            “[8] Those statutes are Residential Improvement Loan Act (815 ILCS 135/6 (West 2006)); Credit Card Issuance Act (815 ILCS 140/8 (West 2006)); Unsolicited Credit Card Act of 1977 (815 ILCS 150/4 (West 2006)); Copper Purchase Registration Law (815 ILCS 325/8 (West 2006));…”
                    
            
            Fandel v. Allen (Ill. App. Ct. 2010).                            “8 Until now, this court, 8 Those statutes are Residential Improvement Loan Act (815 ILCS 135/6 (West 2006)); Credit Card Issuance Act (815 ILCS 140/8 (West 2006)); Unsolicited Credit Card Act of 1977 (815 ILCS 150/4 (West 2006)); Copper Purchase Registration Law (815 ILCS 325/8…”
                    
    
    
    
    
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