(215 ILCS 5/1410)
Sec. 1410.
Misleading advertising.
No financial institution or registered
firm may employ any advertisement that would mislead or otherwise cause a
reasonable person to believe mistakenly that the State of Illinois or the
federal government is responsible for the insurance sales activities of the
financial institution or stands behind the financial institution's credit, or
that the financial institution, the State of Illinois, or the federal
government guarantees any returns on insurance products or is a source of
payment of any insurance obligation of or sold by the financial institution.
(Source: P.A. 90-41, eff. 10-1-97.)
|