Collateral Protection Act

Illinois · Business Transactions · §§ 815-180-1 to 815-180-99 · 15 sections

Sections covered

815 ILCS 180/1Short title
815 ILCS 180/10Placement of collateral protection insurance
815 ILCS 180/15Notice of purchase of collateral protection insurance; repayment terms
815 ILCS 180/20Coupon books
815 ILCS 180/25Cancellation of collateral protection insurance
815 ILCS 180/30Unearned premiums
815 ILCS 180/35Selection of insurance carrier
815 ILCS 180/40Substantial compliance
815 ILCS 180/45No fiduciary relationship
815 ILCS 180/5Definitions
815 ILCS 180/50No cause of action created
815 ILCS 180/55Uniform Commercial Code
815 ILCS 180/60Severability; no impairment of creditor's rights
815 ILCS 180/65Coverage of Act
815 ILCS 180/99Effective date

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