{"data":{"id":"us-il/765-ilcs-1026-15-1206","jurisdiction":"us-il","citation":"765 ILCS 1026/15-1206","heading":"Waiver of interest and penalty.","body":"The administrator:\n(1) may waive, in whole or in part, interest under subsection (a) of Section 15-1204 and penalties under subsection (b) of Section 15-1204 or Section 15-1; and\n(2) shall waive a penalty under subsection (b) of Section 15-1204 if the administrator determines that the holder acted in good faith and without negligence.","path":["CHAPTER 765 PROPERTY","Revised Uniform Unclaimed Property Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=3794\u0026ChapterID=62\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:46Z","sha256":"8c0b14f160032827821d00b0d4db69de4946cd830354609b6b0e2038874b8266","source_id":"us-il","stale":false,"prev":"us-il/765-ilcs-1026-15-1205","next":"us-il/765-ilcs-1026-15-1301"},"notice":"GroundRules: Original legal text. Not legal advice."}