HB2567 95TH GENERAL ASSEMBLY

LRB095 00855 LCT 20857 b

95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB2567

Introduced 2/26/2007, by Rep. Michael J. Madigan - Barbara Flynn Currie - Marlow H. Colvin

SYNOPSIS AS INTRODUCED:

815 ILCS 505/2X

from Ch. 121 1/2, par. 262X

Amends the Consumer Fraud and Deceptive Business Practices Act. Makes a technical change in a Section concerning the distribution of documents designed to simulate checks.

A BILL FOR

AN ACT concerning business.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Consumer Fraud and Deceptive Business Practices Act is amended by changing Section 2X as follows:

(815 ILCS 505/2X) (from Ch. 121 1/2, par. 262X)

Sec. 2X. It is an unlawful practice for any person to promote or advertise any business, product or interest in property by means of distributing documents designed to simulate checks or other negotiable instruments unless such instrument has printed upon both its front and and back, the following statement: "This is not a Check". However, it is not an unlawful practice under this Section for a person to distribute for commercial purposes a sample or specimen of a check or other instrument which is used to solicit orders for the sale of that instrument and which is clearly marked as a non-negotiable sample or specimen.

(Source: P.A. 86-362; 86-1028.)