Illinois Compiled Statutes 815 ILCS 601/5 – Definitions
Current as of: 2024 | Check for updates
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In this Act:
“Automatic renewal offer terms” means the following clear and conspicuous disclosures:
(1) that the paid subscription or purchasing
“Automatic renewal offer terms” means the following clear and conspicuous disclosures:
Terms Used In Illinois Compiled Statutes 815 ILCS 601/5
- Contract: A legal written agreement that becomes binding when signed.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
(1) that the paid subscription or purchasing
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agreement will continue until the consumer cancels;
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(2) the timeframe in which the consumer must cancel
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in order to avoid being charged for a subsequent term;
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(3) the recurring charges that will be charged to
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the consumer’s credit or debit card or payment account with a third party as part of the automatic renewal contract, and that the amount of the charge may change, if that is the case, and the amount to which the charge will change, if known;
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(4) the length of the automatic renewal term or that
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the service is continuous, unless the length of the term is chosen by the consumer; and
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(5) the minimum purchase obligation, if any.
“Clear and conspicuous” means in larger type than the surrounding text, or in contrasting type, font, or color to the surrounding text of the same size, or set off from the surrounding text of the same size by symbols or other marks, in a manner that clearly calls attention to the language. In the case of an audio disclosure, “clear and conspicuous” means in a volume and cadence sufficient to be readily audible and understandable.
“Contract” means a written agreement between 2 or more parties.
“Parties” includes individuals and other legal entities, but does not include the federal government, this State or another state, or a unit of local government.
“Clear and conspicuous” means in larger type than the surrounding text, or in contrasting type, font, or color to the surrounding text of the same size, or set off from the surrounding text of the same size by symbols or other marks, in a manner that clearly calls attention to the language. In the case of an audio disclosure, “clear and conspicuous” means in a volume and cadence sufficient to be readily audible and understandable.
“Contract” means a written agreement between 2 or more parties.
“Parties” includes individuals and other legal entities, but does not include the federal government, this State or another state, or a unit of local government.