Illinois Compiled Statutes 815 ILCS 715 Illinois Equipment Fair Dealership Law. Section 6

    (815 ILCS 715/6) (from Ch. 5, par. 1506)

    Sec. 6. The provisions of this Act shall not be construed to affect in any way any security interest which any financial institution, person, wholesaler, manufacturer or distributor may have in the inventory of the retailer, but any repurchase hereunder shall not be subject to the provisions of Article 6 of the Uniform Commercial Code.

(Source: P.A. 83-410.)

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Last modified: February 18, 2015