(815 ILCS 405/2.13) (from Ch. 121 1/2, par. 502.13)
Sec. 2.13.
"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 or retail charge agreements. The
term includes, but is not limited to, banks, trust companies, private
bankers and industrial banks 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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