(765 ILCS 1026/15-1206)
    Sec. 15-1206. Waiver of interest and penalty. The administrator:
        (1) may waive, in whole or in part, interest under subsection (a) of Section 15-1204 and
    
penalties under subsection (b) of Section 15-1204 or Section 15-1; and
        (2) shall waive a penalty under subsection (b) of Section 15-1204 if the administrator
    
determines that the holder acted in good faith and without negligence.
(Source: P.A. 100-22, eff. 1-1-18.)