TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER I: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 190 ILLINOIS CREDIT UNION ACT
SECTION 190.540 FINANCING OF CERTAIN POINTS AND FEES


 

Section 190.540  Financing of Certain Points and Fees

 

No lender shall make a subject loan that finances points and fees in excess of 6% of the total loan amount.

 

(Source:  Added at 25 Ill. Reg. 6244, effective May 17, 2001)