Illinois Compiled Statutes

815 ILCS 175/15-1 (2026)

Short title

✓ current as of May 2026
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(815 ILCS 175/15-1)
    Sec. 15-1. Short title. This Article may be cited as the Illinois Loan Brokers Act of 1995, and references in this Article to "this Act" mean this Article.
(Source: P.A. 89-209, eff. 1-1-96.)

    
Notes of Decisions
Cited in 2 cases, 2001–2003 · leading case: Chow v. Aegis Mortg. Corp., 286 F. Supp. 2d 956 (N.D. Ill. 2003).
Chow v. Aegis Mortg. Corp., 286 F. Supp. 2d 956 (N.D. Ill. 2003). “, and the Illinois Loan Brokers Act, 815 ILCS 175/15-1 et seq., as well as breach of contract, unjust enrichment, and common law fraud, all arising out of transactions relating to a residential mortgage.”
Broadmark Capital Corp., Inc. v. GlobalNet, Inc., 169 F. Supp. 2d 873 (N.D. Ill. 2001). “What remains, then, is GlobalNet’s contention that it is entitled to summary judgment because Broadmark violated the Illinois Loan Brokers Act of 1995 (“Act,” 815 ILCS 175/15-1 to 175/15-100 8 ) by fading to register as required by the Act, thus rendering the entire agreement…”
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