Statutes, codes, and regulations
Illinois Administrative Code
Title 38 - FINANCIAL INSTITUTIONSPart 330 - LENDING LIMITS
Subpart A - GENERAL LENDING PROVISIONS
Section 330.20 - Renewals of Loans or Extensions of Credit

Ill. Admin. Code tit. 38 § 330.20

Download
PDF
Current through Register Vol. 48, No. 50, December 13, 2024
Section 330.20 - Renewals of Loans or Extensions of Credit

A renewal of a loan or extension of credit shall not be deemed to be a new loan or extension of credit except in instances when interest on the renewed loan or extension of credit is capitalized.

Ill. Admin. Code tit. 38, § 330.20