Sec. 83. Additional liability for unlicensed activity.
75 words·~1 min read·
/il/chapter-225/act-429/83A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 83. Additional liability for unlicensed activity. Any person who, without the required license, engages in conduct requiring a license under this Act without the required license shall be liable to the Department in an amount equal to the greater of
(1)$1,000 or
(2)an amount equal to four times the amount of consumer debt enrolled. The Department shall cause any funds so recovered to be deposited in the Debt Settlement Consumer Protection Fund.