Illinois General Assembly - Illinois Compiled Statutes

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770 ILCS 60/21.01

(770 ILCS 60/21.01) (from Ch. 82, par. 21.01)

Sec. 21.01.

Failure of contractor to pay sub-contractor; fraud; penalty.

Any contractor, or if the contractor is a corporation any
officer or employee thereof, who with intent to defraud induces a
subcontractor, as defined in Section 21, to execute and deliver a waiver of
lien for the purpose of enabling the contractor to obtain payment
under his contract and upon the representation that the contractor will,
from such payment, pay the subcontractor the amount due the
subcontractor, and who willfully fails to pay the subcontractor in full
within 30 days after such payment shall be guilty of a Class A
misdemeanor.

(Source: P.A. 94-627, eff. 1-1-06.)