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Illinois · Through at least Public Act 104-790

815 ILCS 405/2.17: Precomputed.

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Where this section sits in the code
  1. CHAPTER 815 BUSINESS TRANSACTIONS
  2. Retail Installment Sales Act.

A contract is "precomputed" if the debt is expressed as a sum of the amount financed plus the amount of the finance charge computed in advance.

Collected 2026-09-15T04:46:48Z. Source file · JSON

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