Illinois · Through at least Public Act 104-790

815 ILCS 636/10.110: Residual value.

Where this section sits in the code

CHAPTER 815 BUSINESS TRANSACTIONS
Motor Vehicle Leasing Act.

The estimated value of the vehicle at the end of the scheduled lease term, used by the lessor in determining the base lease payment, as established by the lessor at the time the lessor and lessee enter into a consumer lease.

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

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