{"data":{"id":"us-il/815-ilcs-137-40","jurisdiction":"us-il","citation":"815 ILCS 137/40","heading":"Pre-paid insurance products and warranties.","body":"No lender shall transfer, deal in, offer, or make a high risk home loan that finances a single premium credit life, credit disability, credit unemployment, or any other life or health insurance, directly or indirectly. Insurance calculated and paid on a monthly basis shall not be considered to be financed by the lender.","path":["CHAPTER 815 BUSINESS TRANSACTIONS","High Risk Home Loan Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2499\u0026ChapterID=67\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:47Z","sha256":"2f57aa6c5b71eedefb06936625da90d5a1840544d79f84fabdcd1b8c1a628a81","source_id":"us-il","stale":false,"prev":"us-il/815-ilcs-137-35.5","next":"us-il/815-ilcs-137-45"},"notice":"GroundRules: Original legal text. Not legal advice."}