6-615. Foreign loans; reciprocity
If a consumer lender loan subject to this chapter is made at a location outside this
state to a consumer who is a resident of this state at the time that the consumer lender
loan is made and the annual percentage rate of finance charges and other fees charged,
contracted for or received are greater than permitted by this chapter, that consumer
lender loan is enforceable in this state only to the extent of the finance charges and
other fees permitted by this chapter. This section does not apply to consumer lender
loans that are solicited in this state from outside this state and that are subject to
this chapter.
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