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Illinois · Through at least Public Act 104-790

815 ILCS 137/90: Call provision.

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

No lender shall transfer, deal in, offer, or make a high risk home loan that contains a provision that permits the lender, in its sole discretion, to accelerate the indebtedness, provided that this provision does not prohibit acceleration of a loan in good faith due to a borrower's failure to abide by the material terms of the loan.

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

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