Illinois Compiled Statutes 30 ILCS 540 State Prompt Payment Act. Section 6

    (30 ILCS 540/6) (from Ch. 127, par. 132.406)

    Sec. 6. A State official or agency may not request any vendor or contractor to waive his rights, under this Act, to recover a penalty for late payment as a condition of, or inducement to enter into, any contract for goods or services.

(Source: P.A. 87-773.)

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Last modified: February 18, 2015