Illinois Compiled Statutes 205 ILCS 675 Illinois Financial Services Development Act. Section 9

    (205 ILCS 675/9) (from Ch. 17, par. 7009)

    Sec. 9. No writing or other agreement between a borrower and a financial institution may contain any provision which constitutes a waiver of any right conferred upon borrowers by this Act, or of any duty, condition or limitation imposed upon financial institutions by this Act. Nothing in this Section 9 prohibits, however, any writing or other agreement which grants to a borrower a more extensive right or remedy or greater protection than contained in this Act or a waiver given in settlement of a dispute or action.

(Source: P.A. 85-1432.)

Sections:  Previous  1  2  3  4  5  6  7  8  8.5  9  10  11  Next

Last modified: February 18, 2015