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Illinois Statutes Chapter 205. Financial Regulation § 635/3-8. Discrimination and redlining prohibited

Current as of January 01, 2025 | Updated by Findlaw Staff

§ 3-8. Discrimination and redlining prohibited. It shall be considered discriminatory to refuse to grant loans or to vary the terms of loans or the application procedures for loans because of:

(i) in the case of the proposed borrower, said borrower's race, color, religion, national origin, age, gender or marital status; or

(ii) in the case of a mortgage loan, solely the geographic location of the proposed security.

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Cite this article: FindLaw.com - Illinois Statutes Chapter 205. Financial Regulation § 635/3-8. Discrimination and redlining prohibited - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-205-financial-regulation/il-st-sect-205-635-3-8/

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