Statutes, codes, and regulations
Illinois Compiled Statutes
BUSINESS AND EMPLOYMENTChapter 815 - BUSINESS TRANSACTIONSSubchapter - LOANS AND CREDITAct 123 - PREDATORY LOAN PREVENTION ACTArticle 15
Division - DIVISION 5. PREDATORY LOAN PREVENTION
Section 815 ILCS 123/15-5-10 - Violation

815 ILCS 123/15-5-10

Download
PDF
Current through Public Act 103-586
Section 815 ILCS 123/15-5-10 - Violation

Any loan made in violation of this Act is null and void and no person or entity shall have any right to collect, attempt to collect, receive, or retain any principal, fee, interest, or charges related to the loan.

815 ILCS 123/15-5-10

Added by P.A. 101-0658,§ 15-5-10, eff. 3/23/2021.