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Illinois · Through at least Public Act 104-790

815 ILCS 137/145: Subterfuge prohibited.

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Where this section sits in the code
  1. CHAPTER 815 BUSINESS TRANSACTIONS
  2. 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

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