205 ILCS 665/16.5

Current through Public Act 103-1052
Section 205 ILCS 665/16.5 - Additional Liability for Unlicensed Activity

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) $1,000 or (2) an amount equal to 4 times the amount of consumer debt enrolled. The Department shall cause any funds so recovered to be deposited in the Debt Management Service Consumer Protection Fund.

205 ILCS 665/16.5

Added by P.A. 096-1420,§ 905, eff. 8/3/2010.