Debt Management Service Act

Sections covered

• 205 ILCS 665/1Declaration of policy
• 205 ILCS 665/10Revocation, suspension, or refusal to renew license
• 205 ILCS 665/11Contracts, books, records and contract cancellation
• 205 ILCS 665/11.5Examination of debt management service provider
• 205 ILCS 665/12Fees and charges of debt management service providers
• 205 ILCS 665/12.1All moneys received by the Department of Financial Institutions under this Act, except moneys received for the Debt Management Service Consumer Protection Fund, shall be deposited in the Financial Institution Fund created under Section 6z-26 of the State Finance Act
• 205 ILCS 665/13Prohibitions
• 205 ILCS 665/13.5(Repealed)
• 205 ILCS 665/14Trust funds; requirements and restrictions
• 205 ILCS 665/15Rules.) The Secretary shall make and enforce all reasonable rules as shall be necessary for the administration of this Act
• 205 ILCS 665/1.5Purpose and construction
• 205 ILCS 665/15.1(Repealed)
• 205 ILCS 665/15.2(Repealed)
• 205 ILCS 665/15.3(Repealed)
• 205 ILCS 665/16Penalties
• 205 ILCS 665/16.5Additional liability for unlicensed activity
• 205 ILCS 665/16.6Debt Management Service Consumer Protection Fund
• 205 ILCS 665/17Injunction
• 205 ILCS 665/18Review
• 205 ILCS 665/19If any clause, sentence, section, provision or part of this Act shall be adjudged to be unconstitutional or invalid for any reason by any court of competent jurisdiction, such judgment shall not impair, affect or invalidate the remainder of this Act which shall be in full force and effect thereafter
• 205 ILCS 665/2Definitions
• 205 ILCS 665/20Cease and desist orders
• 205 ILCS 665/20.5Receivership
• 205 ILCS 665/21Effective date
• 205 ILCS 665/22Title of Act
• 205 ILCS 665/3Requirement of license
• 205 ILCS 665/4Application for license
• 205 ILCS 665/5Qualifications for license
• 205 ILCS 665/6Renewal of license
• 205 ILCS 665/7License, display and location
• 205 ILCS 665/8.5Temporary location
• 205 ILCS 665/9Denial of license