{"data":{"id":"us-il/205-ilcs-660-6.4","jurisdiction":"us-il","citation":"205 ILCS 660/6.4","heading":"Retail Installment Sales Act; Motor Vehicle Retail Installment Sales Act.","body":"(a) A sales finance agency may not aid or seek to aid any person in the violation of the Retail Installment Sales Act or the Motor Vehicle Retail Installment Sales Act.\n(b) A sales finance agency may not purchase any retail installment contract, any retail charge agreement, or evidence of indebtedness thereunder that violates the Retail Installment Sales Act or the Motor Vehicle Retail Installment Sales Act.\n(c) A sales finance agency may not purchase any retail installment contract, any retail charge agreement, or evidence of indebtedness thereunder with actual knowledge that the contract, agreement, or indebtedness violates the Retail Installment Sales Act or the Motor Vehicle Retail Installment Sales Act.\n(d) A sales finance agency may not purchase a retail installment contract creating or providing for a security interest in a motor vehicle that qualifies as consumer goods under the Uniform Commercial Code, or purchase of the evidence of indebtedness under such a contract, from a person who is not licensed under the Illinois Vehicle Code, not licensed under this Act, and not exempt from licensure under this Act.","path":["CHAPTER 205 FINANCIAL REGULATION","Sales Finance Agency Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=1202\u0026ChapterID=20\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:29Z","sha256":"38f19ddccdb00dd48b34bb6561000867ecb4c325eee375ce2d4da22c4ea0dc4c","source_id":"us-il","stale":false,"prev":"us-il/205-ilcs-660-6.1","next":"us-il/205-ilcs-660-6.5"},"notice":"GroundRules: Original legal text. Not legal advice."}
