Illinois · Through at least Public Act 104-790

205 ILCS 670/16b: No real estate security in certain cases.

Where this section sits in the code

CHAPTER 205 FINANCIAL REGULATION
Consumer Installment Loan Act.

For loans with an original principal amount of $3,000 or less, a licensee shall not take any security interest in real estate, except such lien as results from obtaining a judgment.

Collected 2026-09-15T04:46:29Z. Source file · JSON

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