Comments: IL SB3392 | 2017-2018 | 100th General Assembly

Bill Title: Amends the Installment Sales Contract Act. Excludes from the scope of the term "installment sales contract" a financing arrangement for the transfer of residential real estate that for religious or cultural reasons does not allow for the imposition or collection of interest. Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 2-1)

Status: (Passed) 2018-07-20 - Public Act . . . . . . . . . 100-0626 [SB3392 Detail]

Text: Latest bill text (Chaptered) [HTML]

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