The administrator: (1) may waive, in whole or in part, interest under subsection (a) of Section 15-1204 and penalties under subsection (b) of Section 15-1204 or Section 15-1; and (2) shall waive a penalty under subsection (b) of Section 15-1204 if the administrator determines that the holder acted in good faith and without negligence. subsection (a) of Section 15-1204 and penalties under subsection (b) of Section 15-1204 or Section 15-1; and Section 15-1204 if the administrator determines that the holder acted in good faith and without negligence. (765 ILCS 1026/Art. 13 heading) ARTICLE 13. AGREEMENT TO LOCATE PROPERTY OF APPARENT OWNER HELD BY ADMINISTRATOR
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