92nd General Assembly
Status of SB1714
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   815 ILCS 505/2MM new                                                        

        Amends the Consumer Fraud and Deceptive Business  Practices  Act.      
   Makes  it  an  unlawful practice to obtain funds by use of a temporary      
   check that has not been assigned a  sequence  number  by  the  account      
   holder.  Provides that a violation is a Class A misdemeanor and that a      
   subsequent  violation  is  a  Class  4  felony.   Makes it an unlawful      
   practice  for  a  financial  institution  to  disburse  funds  from  a      
   customer's account pursuant to a temporary check  unless  the  account      
   holder  has  assigned  a  number identifying the sequence in which the      
   temporary check was issued.  Provides that  violation  is  a  business      
   offense  subject to a fine of not more than $5,000 for a first offense      
   and not more than $10,000 for a subsequent offense.                         
   JAN-30-2002  S  FIRST READING                                                  
   JAN-30-2002  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-20-2002  S       ASSIGNED TO COMMITTEE               JUDICIARY             
   FEB-27-2002  S                                 POSTPONED                       
   MAR-06-2002  S                                 POSTPONED                       
   MAR-06-2002  S                   COMMITTEE               JUDICIARY             
   MAR-08-2002  S  RE-REFERRED TO RULES COMM/RULE 3-9(A)    RULES                 
   JAN-07-2003  S  SESSION SINE DIE                                               


 Full Text  Bill Summary