No person or corporation shall disburse funds to or for the account of, or as directed by a contractor pursuant to a loan transaction 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.
815 ILCS 135/1
Known as the Residential Improvement Loan Act
The act spans §§ 815-135-0-01 to 815-135-6 (8 sections).
Laws 1963, p. 3543.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.