{"data":{"id":"us-il/815-ilcs-135-2","jurisdiction":"us-il","citation":"815 ILCS 135/2","heading":"","body":"No person or corporation shall disburse funds to or for the account of, or as directed by, a contractor pursuant to an issuance or transfer thereto of a negotiable instrument evidencing a loan for improvement or repair of (including remodeling of and additions to) a residential structure without requiring and receiving prior to each such disbursement a completion certificate as prescribed by this Act. Acceptance by such person or corporation of a completion certificate in the prescribed form, without actual knowledge of any falsity of such certificate, entitles such person or corporation to all rights of a holder in due course of such negotiable instrument notwithstanding any actual falsity of such certificate.","path":["CHAPTER 815 BUSINESS TRANSACTIONS","Residential Improvement Loan Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2311\u0026ChapterID=67\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:47Z","sha256":"011ecfac6f0a747cb90d5304b28ac758091420531ed6c42e51d8f4df3fd24cc8","source_id":"us-il","stale":false,"prev":"us-il/815-ilcs-135-1","next":"us-il/815-ilcs-135-3"},"notice":"GroundRules: Original legal text. Not legal advice."}