Illinois Statutes
§ 2-30 — Rollovers prohibited
Illinois § 2-30
JurisdictionIllinois
TopicBUSINESS AND EMPLOYMENT
Ch. 815BUSINESS TRANSACTIONS
Act 815 ILCS 122/Payday Loan Reform Act.
Art.Article 2 - Payday Loans
This text of Illinois § 2-30 (Rollovers prohibited) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
815 Ill. Comp. Stat. 2-30 (2026).
Text
Rollover of a payday loan by any lender is prohibited. This Section does not prohibit entering into a repayment plan, as provided under Section 2-40.
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Legislative History
(Source: P.A. 101-658, eff. 3-23-21.)
Nearby Sections
15
§ 2
Definitions§ 2-10
Permitted fees§ 2-15
Verification§ 2-20
Required disclosures§ 2-30
Rollovers prohibited§ 2-35
Proceeds and payments§ 2-40
Repayment plan§ 2-45
Default§ 2-5
Loan terms§ 2-51
§ 2-51§ 2-60
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Bluebook (online)
Illinois § 2-30, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/815/2-30.