(205 ILCS 685/9) (from Ch. 17, par. 7359)
Sec. 9.
(a) A financial institution, and a partner, director,
officer or employee of a financial institution, willfully violating Section
4 or Section 5 of this Act or a rule or regulation prescribed
thereunder is liable to the State of Illinois for a civil penalty of not
more than the greater of the amount (not to exceed $100,000) involved in
the transaction (if any) or $25,000.
(b) A financial institution which negligently violates Section 4 or
Section 5 of this Act or a rule or regulation prescribed thereunder is
liable to the State of Illinois for a civil penalty of not more than $1,000.
(c) A civil action for money may be brought under this Act
notwithstanding the fact that a criminal penalty is imposed with respect to
the same violation.
(Source: P.A. 87-619.)
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