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Code · Illinois · Chapter 215 — INSURANCE · Act 155

Sec. 23. Violation; penalties.

98 words·~1 min read·/il/chapter-215/act-155/23

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Sec. 23. Violation; penalties.
(a)Any violation of any of the provisions of this Act and, beginning January 1, 2013, any violation of any of the provisions of Article 3 of the Residential Real Property Disclosure Act shall constitute a business offense and shall subject the party violating the same to a penalty of $1000 for each offense.
(b)Nothing contained in this Section shall affect the right of the Secretary to revoke or suspend a title insurance company's or independent escrowee's certificate of authority or a title insurance agent's registration under any other Section of this Act.
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