(225 ILCS 45/6)
(from Ch. 111 1/2, par. 73.106)
It is unlawful for any such agreement or agreements to provide
for forfeiture and retention of payments upon any such agreement or series
of agreements as and for liquidated damages therein in excess of 25% of the
payments made or $300.00, whichever sum is less.
(Source: P.A. 85-805.)