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SB1464 Engrossed |
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LRB095 09717 LCT 29921 b |
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| AN ACT concerning business.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Consumer Fraud and Deceptive Business |
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| Practices Act is amended by adding Section 2ZZ as follows:
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| (815 ILCS 505/2ZZ new) |
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| Sec. 2ZZ. Mortgage marketing materials. |
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| (a) No person may send marketing materials to a consumer |
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| indicating that the person is connected to the consumer's |
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| mortgage company, indicating that there is a problem with the |
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| consumer's mortgage, or stating that the marketing materials |
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| contain information concerning the consumer's mortgage, unless |
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| that person sending the marketing materials is actually |
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| employed by the consumer's mortgage company or an affiliate of |
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| the consumer's mortgage company. |
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| (b) Any person who violates this Section commits an |
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| unlawful practice within the meaning of this Act.
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