205 ILCS 670/16b – No real estate security in certain cases | Midpage
§ 16b
205 ILCS 670/16b
No real estate security in certain cases
(Source: P.A. 84-1004.)
For loans with an original principal amount of $3,000 or less, a licensee shall not take any security interest in real estate, except such lien as results from obtaining a judgment.