815 ILCS 405/2.13
"Sales finance agency" means a person engaged, in whole or in part, in the business of purchasing or making loans upon the security of retail installment contracts or retail charge agreements
Illinois · Illinois Compiled Statutes 815 ILCS 405 — Retail Installment Sales Act. · Status: effective
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- Citation
- 815 ILCS 405/2.13, "Sales finance agency" means a person engaged, in whole or in part, in the business of purchasing or making loans upon the security of retail installment contracts or retail charge agreements, Illinois, version 1 as recorded 2026-08-15, yourstate.us, https://yourstate.us/provision/1302811
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Full text
"Sales finance agency" means a person engaged, in whole or in part, in the business of purchasing or making loans upon the security of retail installment contracts or retail charge agreements. The term includes, but is not limited to, banks, trust companies, private bankers and industrial banks authorized to do business and to accept deposits in this State, if so engaged. (Source: P.A. 90-437, eff. 1-1-98.)