Illinois Compiled Statutes 815 ILCS 405/2.5 – “Retail installment transaction” means a credit sale of goods or a …
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Illinois Compiled Statutes 815 ILCS 405/2.5
- Contract: A legal written agreement that becomes binding when signed.
“Retail installment transaction” means a credit sale of goods or a furnishing or rendering of services by a retail seller to a retail buyer for a deferred payment price payable in one or more installments pursuant to a retail installment contract or a retail charge agreement.