815 ILCS 150/ Unsolicited Credit Card Act of 1977.

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815 ILCS 150/1

(815 ILCS 150/1) (from Ch. 17, par. 6201)

Sec. 1.

This Act may be cited as
the

Unsolicited Credit Card Act of 1977.

(Source: P.A. 86-1475.)

815 ILCS 150/2

(815 ILCS 150/2) (from Ch. 17, par. 6202)

Sec. 2.

As used in this Act, the following words have the meaning ascribed
to them in this Section:

"Financial institution" means any bank, insurance company, credit union,
savings and  loan association, investment trust or other depository of money
or medium of savings or collective investment.

"Credit card" means any instrument or device, whether known as a credit
card, credit plate, charge plate or any other name, issued with or without
fee by an issuer for the  use of the cardholder in obtaining money, goods,
services or anything else of value on  credit or in consideration of
an undertaking or guaranty by the issuer of the payment of a check drawn
by the cardholder.  Automated cards, issued by financial institutions
to and for the use  of only the customers of such financial institutions,
to be used in conjunction with or without computer facilities to allow such
customers to make deposits and withdrawals to or  from checking or savings
accounts, cash checks, pay loan installments and utility bills or
transfer funds between various accounts shall not be considered credit cards
for the purposes of this Act provided they do not permit cash loan advances
or by agreement permit overdraft checking services.

(Source: P.A. 81-1509.)

815 ILCS 150/3

(815 ILCS 150/3) (from Ch. 17, par. 6203)

Sec. 3.

No financial institution or other person or corporation doing
business in this
State shall issue any person a credit card, regardless of whether such credit
card is to be
used for personal, family, household, agricultural, business or commercial
purposes, except
(1) in response to a request or application therefor; or (2)  as a renewal of, or in
substitution for, an accepted credit card whether such card is issued by
the same or a successor
card issuer.

(Source: P.A. 80-531.)

815 ILCS 150/4

(815 ILCS 150/4) (from Ch. 17, par. 6204)

Sec. 4.

Any person, corporation or financial institution who violates the provisions
of this Act shall be guilty of a business offense, and may be fined an amount
not to exceed $500.

(Source: P.A. 80-531.)

815 ILCS 150/5

(815 ILCS 150/5) (from Ch. 17, par. 6205)

Sec. 5.

Nothing in this Act shall in any way alter or diminish the liabilities
of credit
card issuers as heretofore existent under the laws of the United States
or the State of Illinois.

(Source: P.A. 80-531.)