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Illinois · Through at least Public Act 104-790

205 ILCS 660/13: Rules.

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Where this section sits in the code
  1. CHAPTER 205 FINANCIAL REGULATION
  2. Sales Finance Agency Act.

(a) In addition to such powers as may be prescribed by this Act, the Department is hereby authorized and empowered to adopt rules consistent with the purposes of this Act, including, but not limited to:

(1) rules in connection with the activities of licensees or unlicensed sales finance agencies as may be necessary and appropriate for the protection of consumers in this State;

(2) rules as may be necessary and appropriate to define improper or fraudulent business practices in connection with the activities of licensees in servicing retail installment contracts or retail charge agreements;

(3) rules that define the terms used in this Act and as may be necessary and appropriate to interpret and implement the provisions of this Act; and

(4) rules as may be necessary for the enforcement and administration of this Act.

(b) The Secretary is authorized and empowered to make specific rulings, demands, and findings that the Secretary deems necessary for the proper conduct of the sales finance agency industry.

Collected 2026-09-15T04:46:29Z. Source file · JSON

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