2010 Illinois Code
CHAPTER 720 CRIMINAL OFFENSES
720 ILCS 330/ Loan Advertising to Bankrupts Act.
(720 ILCS 330/0.01)
(from Ch. 121 1/2, par. 157.24)
This Act may be cited as the
Loan Advertising to Bankrupts Act.
(Source: P.A. 86‑1324.)
(720 ILCS 330/1)
(from Ch. 121 1/2, par. 157.25)
No person engaged in the business of making loans or of selling any property or services under installment contracts or charge agreements may include in any solicitation of or advertisement for such business any language stating or implying that a loan or extension of credit will be made to a person who has been adjudged a bankrupt.
(Source: Laws 1967, p. 3546.)
(720 ILCS 330/2)
(from Ch. 121 1/2, par. 157.26)
Any person violating this Act shall be guilty of a business offense and shall be fined not more than $1,000.
(Source: P. A. 77‑2251.)
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