(765 ILCS 1026/15-601)
    Sec. 15-601. Definition of good faith. In this Article, payment or delivery of property is made in good faith if a holder:
        (1) had a reasonable basis for believing, based on
    
the facts then known, that the property was required or permitted to be paid or delivered to the administrator under this Act; or
        (2) made payment or delivery:
            (A) in response to a demand by the administrator
        
or administrator's agent; or
            (B) under a guidance or ruling issued by the
        
administrator which the holder reasonably believed required or permitted the property to be paid or delivered.
(Source: P.A. 100-22, eff. 1-1-18.)