Sec. 40. Limitation on interest rate.
67 words·~1 min read·
/il/chapter-330/act-63/40A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 40. Limitation on interest rate. Interest or finance charges collected or charged to a service member who has entered military service, or the spouse of that service member, in connection with an obligation entered into on or after the date of August 22, 2005, but prior to the date that the service member entered military service, shall be subject to Section 4.05 of the Interest Act.