|
|
|
SB1464 Enrolled |
|
LRB095 09717 LCT 29921 b |
|
|
1 |
| AN ACT concerning business.
|
2 |
| Be it enacted by the People of the State of Illinois,
|
3 |
| represented in the General Assembly:
|
4 |
| Section 5. The Consumer Fraud and Deceptive Business |
5 |
| Practices Act is amended by adding Section 2ZZ as follows: |
6 |
| (815 ILCS 505/2ZZ new) |
7 |
| Sec. 2ZZ. Mortgage marketing materials. |
8 |
| (a) No person may send marketing materials to a consumer |
9 |
| indicating that the person is connected to the consumer's |
10 |
| mortgage company, indicating that there is a problem with the |
11 |
| consumer's mortgage, or stating that the marketing materials |
12 |
| contain information concerning the consumer's mortgage, unless |
13 |
| that person sending the marketing materials is actually |
14 |
| employed by the consumer's mortgage company or an affiliate of |
15 |
| the consumer's mortgage company. |
16 |
| (b) Any person who violates this Section commits an |
17 |
| unlawful practice within the meaning of this Act.
|