Illinois Compiled Statutes 815 ILCS 122 Payday Loan Reform Act. Section 2-30

    (815 ILCS 122/2-30)

    Sec. 2-30. Rollovers prohibited. Rollover of a payday loan by any lender is prohibited, except as provided in subsection (c) of Section 2-5. This Section does not prohibit entering into a repayment plan, as provided under Section 2-40.

(Source: P.A. 96-936, eff. 3-21-11.)

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Last modified: February 18, 2015