815 ILCS 205/1

(815 ILCS 205/1) (from Ch. 17, par. 6401)

Sec. 1. The rate of interest upon the loan or forbearance of any money, goods or thing in action, shall be five dollars ($5) upon one hundred dollars ($100) for one year, and after that rate for a greater or less sum, or for a longer or shorter time, except as herein provided.

(Source: Laws 1891, p. 149.)