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Illinois Statutes Chapter 815. Business Transactions § 205/7. Necessity of pleading usury; notice of intention to set up defense

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

§ 7. The defense of usury shall not be allowed in any suit, unless the person relying upon such defense shall set up the same by plea, or file in the cause a notice in writing, stating that he intends to defend against the contract sued upon or set off, on the ground that the contract is usurious.

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Cite this article: FindLaw.com - Illinois Statutes Chapter 815. Business Transactions § 205/7. Necessity of pleading usury; notice of intention to set up defense - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-815-business-transactions/il-st-sect-815-205-7/

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