GroundRules
815 ILCS 505/2G
Where this section sits in the code
- CHAPTER 815 BUSINESS TRANSACTIONS
- Consumer Fraud and Deceptive Business Practices Act.
If an installment seller wilfully and materially resells goods he has repossessed from a buyer in default to a person who is not a good faith purchaser for value or with whom the seller is in collusion or if the seller resells those goods at a price intended to increase the amount of the deficiency recoverable from the defaulting buyer, that seller is guilty of an unlawful practice within the meaning of this Act.
Collected 2026-09-15T04:46:48Z. Source file · JSON