{"data":{"id":"us-il/205-ilcs-305-68","jurisdiction":"us-il","citation":"205 ILCS 305/68","heading":"Interest, fines, not usurious-shares and loans not to be taxed.","body":"Reasonable fines may be levied as provided in the bylaws of each credit union and may be deducted from the share balance or added to the loan balance of a member upon whom a fine is levied. Interest or fines that may accrue to a credit union are not usurious and they may be collected under the law of this State. The shares and loans provided for in this Act are not subject to taxation.","path":["CHAPTER 205 FINANCIAL REGULATION","Illinois Credit Union Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=1185\u0026ChapterID=20\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:29Z","sha256":"574da397020e167d84d6c612afdcdbe707f0c5184de8baba43e58aa30b4b643b","source_id":"us-il","stale":false,"prev":"us-il/205-ilcs-305-67","next":"us-il/205-ilcs-305-69"},"notice":"GroundRules: Original legal text. Not legal advice."}