215 ILCS 5/1416

215 ILCS 5/1416
in effect
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(215 ILCS 5/1416) Sec. 1416. Prohibited defenses. A violation of any provision of this Article shall not be used as a defense by any person in any action by a financial institution to recover the amount owing on any loan or extension of credit. (Source: P.A. 90-41, eff. 10-1-97.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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