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ADMINISTRATIVE CODE

  1. Home
  2. Administrative Code
  3. TITLE 38: FINANCIAL INSTITUTIONS
  4. PART 150 COLLECTION AGENCY ACT
TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER I: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 150 COLLECTION AGENCY ACT
View Entire Part
Section 150.10 Definitions
Section 150.15 Administration and Enforcement of the Act
Section 150.20 Officer
Section 150.25 Application for License
Section 150.30 Communication by Collection Agency
Section 150.40 Use of Pseudonyms
Section 150.50 Change of Ownership
Section 150.60 Expiration or Change in Licensure
Section 150.70 Records and Documents to be Kept by Collection Agency
Section 150.80 Recording of Payments
Section 150.90 Multiple Creditors
Section 150.100 Availability of Books, Records, Forms and Stationery
Section 150.110 Accounting and Remitting Collected Funds
Section 150.120 Creditor Accounts
Section 150.130 Renewals
Section 150.135 Fees
Section 150.140 Granting Variances
Section 150.150 Reports
Section 150.160 Investigations and Examinations
AUTHORITY: Implementing the Collection Agency Act [205 ILCS 740] and authorized by Section 6 and 6a of the Financial Institutions Code [20 ILCS 1205].
SOURCE: Adopted at 47 Ill. Reg. 17827, effective November 20, 2023; amended at 49 Ill. Reg. 14388, effective October 21, 2025.
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