Illinois Code § 205 ILCS 635/5-14

Prohibition on equity stripping and loan flipping.
Open in Lexace · Ask the AI about this section
No licensee may engage in equity stripping or loan flipping, as those terms are defined in the Illinois Fairness in Lending Act.

‹ Prev All Illinois sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.