Ill. Admin. Code tit. 38, § 1050.1020 - Loan Brokerage Disclosure Statement
Before the borrower signs a loan brokerage agreement or gives the licensee any consideration, whichever comes first, the licensee shall give the borrower a written disclosure statement and shall obtain the customer's signature on a duplicate of the disclosure statement near clear and conspicuous wording indicating that the customer has read and understands the disclosure statement or has had the contents explained to him or her by someone not connected with the licensee. The disclosure statement shall prominently display the following material, in the order presented:
Notes
Amended at 29 Ill. Reg. 14808, effective September 26, 2005
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