(815 ILCS 205/4.3) (from Ch. 17, par. 6409)
Sec. 4.3.
Whenever interest received or contracted to be received by
the lender on a revolving credit as defined in Section 4.1 hereof is
lawful only under the provisions of Section 4.2 hereof, no provision
contained in any contract or agreement respecting a revolving credit or
in any draft, item, order for the payment of money, evidence of debt or
similar written instruments which is used in connection with such
revolving credit shall be enforceable, which
(i) provides that in the absence of debtor's breach or default the
lender may arbitrarily and without reasonable cause accelerate the
maturity of any amount or part owing thereunder;
(ii) purports to waive any provisions of this Act; or
(iii) provides for any amount to be added to the account each
month for the privilege of having the revolving credit account
provided there is no unpaid balance at that time.
(Source: P.A. 83-944.)
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