815 ILCS 137/145: Subterfuge prohibited.
Where this section sits in the code
- CHAPTER 815 BUSINESS TRANSACTIONS
- High Risk Home Loan Act.
No lender, with the intent to avoid the application or provisions of this Act, shall (i) divide a loan transaction into separate parts, (ii) structure a loan transaction as an open-end credit plan or another form of loan, or (iii) perform any other subterfuge.
Collected 2026-09-15T04:46:47Z. Source file · JSON