Illinois · Through at least Public Act 104-790

815 ILCS 636/10.10: Average periodic depreciation.

Where this section sits in the code

CHAPTER 815 BUSINESS TRANSACTIONS
Motor Vehicle Leasing Act.

The difference between the adjusted capitalized cost and the residual value divided by the number of payment periods in the consumer lease, or, for a single payment lease, divided by the number of months in the term of the lease.

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

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