815 ILCS 124/38: Other licenses.
Where this section sits in the code
- CHAPTER 815 BUSINESS TRANSACTIONS
- Buy-Now-Pay-Later Loan Consumer Protection Act.
A person holding (i) a license under the Consumer Installment Loan Act, (ii) a license under the Collection Agency Act, (iii) a license under the Sales Finance Agency Act, or (iv) a license identified by the Department by rule is not required to be licensed under this Act, but is otherwise required to comply with this Act, including, but not limited to, the payment of fees relating to the activity subject to this Act. The person shall notify the Department that it is conducting activity subject to this Act at the time of the renewal of the person's license.
Collected 2026-09-15T04:46:47Z. Source file · JSON