Illinois Compiled Statutes 815 Business Transactions: Article -

• Illinois Rental-purchase Agreement Act. - 815 ILCS 655, Section 0.01
  Short title. This Act may be cited as the Rental-Purchase Agreement Act. (Source: P.A. 86-1324.)
• Illinois Rental-purchase Agreement Act. - 815 ILCS 655, Section 1
  Definitions. In this Act: (1) "Advertisement" means a commercial message in any medium that directly or indirectly promotes or assists a rental-purchase agreement. (2)...
• Illinois Rental-purchase Agreement Act. - 815 ILCS 655, Section 2
  Form. (a) A rental-purchase agreement must be written in plain English and clearly and simply in any other language used by the merchant in...
• Illinois Rental-purchase Agreement Act. - 815 ILCS 655, Section 3
  Advertisement. (a) An advertisement for a rental-purchase agreement that refers to or states the amount of a payment or the right to acquire ownership...
• Illinois Rental-purchase Agreement Act. - 815 ILCS 655, Section 4
  Enforcement. (a) A consumer damaged by a violation of this Act by a merchant is entitled to recover from the merchant: (1) actual damages;...
• Illinois Rental-purchase Agreement Act. - 815 ILCS 655, Section 5
  Penalty. Any person intentionally violating this Act shall be guilty of a petty offense and fined not more than $500. (Source: P.A. 85-957.)

Last modified: February 18, 2015