Illinois Statutes
§ 15-5-10 — Violation
Illinois·Topic BUSINESS AND EMPLOYMENT·Ch. 815 BUSINESS TRANSACTIONS·Act 815 ILCS 123/ Predatory Loan Prevention Act.
Any loan made in violation of this Act is null and void and no person or entity shall have any right to collect, attempt to collect, receive, or retain any principal, fee, interest, or charges related to the loan.
Free access — add to your briefcase to read the full text and ask questions with AI
Illinois § 15-5-10 (Violation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Source: P.A. 101-658, eff. 3-23-21.)
Nearby Sections
15
§ 15-1
Short title§ 15-1-1
Short title§ 15-1-10
Definitions§ 15-1-15
Applicability§ 15-1-5
Purpose and construction§ 15-10
Registration required§ 15-10-10
Preemption of administrative rules§ 15-10-15
Reporting of violations§ 15-10-20
Judicial review§ 15-10-25
No waivers§ 15-10-30
Superiority of Act§ 15-10-35
Severability§ 15-10-5
Enforcement and remedies§ 15-100
Immunity for official acts