Illinois Compiled Statutes 815 ILCS 375 Motor Vehicle Retail Installment Sales Act. Section 21

    (815 ILCS 375/21) (from Ch. 121 1/2, par. 581)

    Sec. 21. Notwithstanding the provisions of any other statute, for motor vehicle retail installment contracts executed after September 25, 1981, there shall be no limit on the finance charges which may be charged, collected, and received.

(Source: P.A. 90-437, eff. 1-1-98; 91-357, eff. 7-29-99.)

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Last modified: February 18, 2015