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Recent laws may not yet be included in the ILCS database, but they are found on this site as
Public
Acts soon after they become law. For information concerning the relationship between statutes and Public Acts, refer to the
Guide.
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statutory changes are sometimes included in the statute database before they take effect.
If the source note at the end of a Section of the statutes includes a Public Act that has
not yet taken effect, the version of the law that is currently in effect may have already
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made to the current law.
(20 ILCS 1205/6)
Sec. 6. General powers and duties. In addition to the powers and duties provided by law and imposed elsewhere in this Act, the Division
has the following powers and duties:
(1) To administer and enforce the Consumer |
| Installment Loan Act and its implementing rules.
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(2) To administer and enforce the Currency Exchange
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| Act and its implementing rules.
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(3) To administer and enforce the Debt Management
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| Service Act and its implementing rules.
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(4) To administer and enforce the Debt Settlement
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| Consumer Protection Act and its implementing rules.
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(5) To administer and enforce the Illinois
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| Development Credit Corporation Act and its implementing rules.
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(6) To administer and enforce the Payday Loan Reform
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| Act and its implementing rules.
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(7) To administer and enforce the Safety Deposit
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| License Act and its implementing rules.
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(8) To administer and enforce the Sales Finance
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| Agency Act and its implementing rules.
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(9) To administer and enforce the Title Insurance
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| Act and its implementing rules.
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(10) To administer and enforce the Transmitters of
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| Money Act and its implementing rules.
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(11) To administer and enforce the Predatory Loan
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| Prevention Act and its implementing rules.
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(12) To administer and enforce the Motor Vehicle
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| Retail Installment Sales Act and its implementing rules.
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(13) To administer and enforce the Retail
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| Installment Sales Act and its implementing rules.
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(14) To administer and enforce the Illinois Credit
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| Union Act and its implementing rules.
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(15) To administer and enforce the Collection
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| Agency Act and its implementing rules.
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(16) To administer and enforce any other Act
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| administered by the Director or Division.
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(17) If the Division is authorized or required by
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| law to consider some aspect of criminal history record information for the purpose of carrying out its statutory powers and responsibilities, to obtain from the Illinois State Police, upon request and payment of the fees required by the Illinois State Police Law of the Civil Administrative Code of Illinois, pursuant to positive identification, such information contained in State files as is necessary to carry out the duties of the Division.
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(18) To authorize and administer examinations to
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| ascertain the qualifications of applicants and licensees for which the examination is held.
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(19) To conduct hearings in proceedings to revoke,
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| suspend, refuse to renew, or take other disciplinary action regarding licenses, charters, certifications, registrations, or authorities of persons as authorized in any Act administered by the Division.
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(Source: P.A. 102-538, eff. 8-20-21; 102-813, eff. 5-13-22; 102-975, eff. 1-1-23; 103-154, eff. 6-30-23.)
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