GroundRules
← Search the law
Illinois · Through at least Public Act 104-790

815 ILCS 137/130: Circumstances voiding mandatory arbitration provisions.

Read at publisher ↗
Where this section sits in the code
  1. CHAPTER 815 BUSINESS TRANSACTIONS
  2. High Risk Home Loan Act.

Without regard to whether a borrower is acting individually or on behalf of others similarly situated, a mandatory arbitration provision of a high risk home loan agreement that is oppressive, unfair, unconscionable, or substantially in derogation of the rights of the borrower is void.

Collected 2026-09-15T04:46:47Z. Source file · JSON

Browse this collection