Illinois § 13
Full text of Illinois Illinois Compiled Statutes § 13, with citation guidance and answers to common questions.
§ 13.
Prohibitions. (1) No licensee shall advertise, in any manner whatsoever, any statement or representation with regard to the rates, terms or conditions of debt management service which is false, misleading, or deceptive. (2) No licensee shall require as a part of the agreement between the licensee and any debtor, the purchase of any stock, insurance, commodity, service or other property or any interest therein. (3) No licensee shall, directly or indirectly, accept payment or any other consideration, whether in cash or in kind, from any entity for referring applicants to that entity. The licensee shall not, directly or indirectly, make payments in any form, whether in cash or in kind, to any person, corporation, or other entity for referring applicants or clients to the licensee. (4) No licensee shall make any loans. (5) No licensee shall issue credit cards or act as an agent in procuring customers for a credit card company or any financial institution. (6) No licensee shall act as a loan broker. (7) No licensee shall operate any other business at the licensed location. (Source: P.A. 96-1420, eff. 8-3-10.)
Frequently Asked Questions About Illinois § 13
What does Illinois Compiled Statutes § 13 cover?
Section 13 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Illinois § 13?
A common citation format is "Illinois Compiled Statutes § 13" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Illinois law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.
How does Illinois § 13 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.