· IL legislature · 104th

MISLEADING PRACTICES PENALTY

Amends the Illinois Banking Act. In provisions concerning the penalty for misleading practices and names, changes the civil penalty that may be imposed to the maximum amount otherwise permitted under specified provisions, $100,000 for each violation (rather than $10,000 for each violation). Provides that the remedie…

Sponsor

Margaret Croke (D-IL)

Introduced

2025-02-07

Policy area

Finance and Financial Sector

Latest action

Public Act . . . . . . . . . 104-0144