Illinois Statutes
§ 1-5 — Purpose and construction
Illinois § 1-5
JurisdictionIllinois
TopicBUSINESS AND EMPLOYMENT
Ch. 815BUSINESS TRANSACTIONS
Act 815 ILCS 122/Payday Loan Reform Act.
Art.Article 1 - General Provisions
This text of Illinois § 1-5 (Purpose and construction) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
815 Ill. Comp. Stat. 1-5 (2026).
Text
The purpose of this Act is to protect consumers who enter into payday loans and to regulate the lenders of payday loans. This Act shall be construed as a consumer protection law for all purposes. This Act shall be liberally construed to effectuate its purpose.
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Legislative History
(Source: P.A. 94-13, eff. 12-6-05.)
Nearby Sections
15
§ 1
Short title§ 1-1
Short title§ 1-10
Definitions§ 1-15
Applicability§ 1.5
§ 1.5§ 10-1
Short title§ 10-100
Immunity for official acts§ 10-105
Scope of the Act§ 10-110
§ 10-110§ 10-115
Business broker lienCite This Page — Counsel Stack
Bluebook (online)
Illinois § 1-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/815/1-5.