(815 ILCS 375/2.11) (from Ch. 121 1/2, par. 562.11)
Sec. 2.11.
"Sales finance agency" means a person engaged, in
whole or in part, in the business of purchasing or making loans upon the
security of retail installment contracts. The term includes, but is not
limited to, banks, trust companies, private bankers and industrial bankers
authorized to do business and to accept deposits in this State, if so
engaged.
(Source: P.A. 90-437, eff. 1-1-98.)
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