{"data":{"id":"us-il/225-ilcs-407-15-5","jurisdiction":"us-il","citation":"225 ILCS 407/15-5","heading":"Representations.","body":"(Section scheduled to be repealed on January 1, 2030)\nAn auctioneer or auction firm, or the licensees, agents, or employees of an auctioneer or auction firm, conducting an auction or providing an auction service shall not:\n(1) misrepresent a fact material to a purchaser's decision to buy at or by auction;\n(2) predict specific or immediate increases in the value of any item offered for sale at auction; or\n(3) materially misrepresent the qualities or characteristics of any item offered for sale at auction.","path":["CHAPTER 225 PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS","Auction License Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=1350\u0026ChapterID=24\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:31Z","sha256":"b95deee5697d41a51b5a3bd0eb54d406eb6faae51887db97ca440cb25a9fb9dc","source_id":"us-il","stale":false,"prev":"us-il/225-ilcs-407-10-50","next":"us-il/225-ilcs-407-15-10"},"notice":"GroundRules: Original legal text. Not legal advice."}