[ Home ] [ ILCS ] [ Search ] [ Bottom ]
[ Other General Assemblies ]
Public Act 91-0698
SB355 Enrolled LRB9103205JSpc
AN ACT relating to consumer finance.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Sales Finance Agency Act is amended by
changing Section 13 as follows:
(205 ILCS 660/13) (from Ch. 17, par. 5231)
Sec. 13. Rules. The Department may make and enforce
such reasonable rules, regulations, directions, orders,
decisions and findings as the execution and enforcement of
this Act require, and as are not inconsistent therewith. In
addition, the Department may promulgate rules in connection
with the activities of licensees that are necessary and
appropriate for the protection of consumers in this State.
All rules and regulations shall be printed and copies thereof
mailed to all licensees.
(Source: P.A. 90-437, eff. 1-1-98.)
Section 10. The Consumer Installment Loan Act is amended
by changing Section 22 as follows:
(205 ILCS 670/22) (from Ch. 17, par. 5428)
Sec. 22. Rules and regulations. The Department may make
and enforce such reasonable rules, regulations, directions,
orders, decisions, and findings as the execution and
enforcement of the provisions of this Act require, and as are
not inconsistent therewith. In addition, the Department may
promulgate rules in connection with the activities of
licensees that are necessary and appropriate for the
protection of consumers in this State. All rules, regulations
and directions of a general character shall be printed and
copies thereof mailed to all licensees.
(Source: P.A. 90-437, eff. 1-1-98.)
Section 99. Effective date. This Act takes effect upon
becoming law.
[ Top ]