{"data":{"id":"us-il/205-ilcs-658-11-8","jurisdiction":"us-il","citation":"205 ILCS 658/11-8","heading":"Unlicensed persons.","body":"Any person who, without the required license, engages in conduct requiring a license under this Act shall be liable to the Department in an amount equal to the greater of (1) $5,000 or (2) an amount of money accepted for transmission plus an amount equal to 3 times the amount accepted for transmission. The Department shall cause any funds so recovered to be deposited into the TOMA Consumer Protection Fund.","path":["CHAPTER 205 FINANCIAL REGULATION","Uniform Money Transmission Modernization Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=4549\u0026ChapterID=20\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:29Z","sha256":"74a354ab3816ef42b491bb43e8b6a326316ab025bc9d83ff374e5fe80a9a856a","source_id":"us-il","stale":false,"prev":"us-il/205-ilcs-658-11-7","next":"us-il/205-ilcs-658-11-9"},"notice":"GroundRules: Original legal text. Not legal advice."}