205 ILCS 635/5-14

Current through Public Act 103-1052

Section 205 ILCS 635/5-14 - Prohibition on Equity Stripping and Loan Flipping

No licensee may engage in equity stripping or loan flipping, as those terms are defined in the Illinois Fairness in Lending Act.

205 ILCS 635/5-14

Added by P.A. 095-0691,§ 10, eff. 6/1/2008.