{"data":{"id":"us-il/815-ilcs-617-25","jurisdiction":"us-il","citation":"815 ILCS 617/25","heading":"Reference to \"ECU\" in contracts.","body":"When the euro first becomes the monetary unit of participating member states of the European Union, a reference to the ECU in a contract, security, or instrument that also refers to the definition of the ECU in Section 5 shall be replaced with a reference to the euro at a rate of one euro to one ECU. A reference to \"ECU\" in a contract, security, or instrument without defining \"ECU\" shall carry a presumption, rebuttable by a showing of the contrary intention of the parties, that it is a reference to the currency basket that is from time to time used as the unit of account of the European Community.","path":["CHAPTER 815 BUSINESS TRANSACTIONS","Euro Conversion Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2368\u0026ChapterID=67\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:48Z","sha256":"372ca55d49e850d7aefe7873bd2b9f5e8f895dd490c18b4bed296de01d13677f","source_id":"us-il","stale":false,"prev":"us-il/815-ilcs-617-20","next":"us-il/815-ilcs-617-30"},"notice":"GroundRules: Original legal text. Not legal advice."}