Illinois Compiled Statutes
ILCS Listing
Public
Acts Search
Guide
Disclaimer
Information maintained by the Legislative
Reference Bureau
Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process.
Recent laws may not yet be included in the ILCS database, but they are found on this site as Public
Acts soon after they become law. For information concerning the relationship between statutes and Public Acts, refer to the
Guide.
Because the statute database is maintained primarily for legislative drafting purposes,
statutory changes are sometimes included in the statute database before they take effect.
If the source note at the end of a Section of the statutes includes a Public Act that has
not yet taken effect, the version of the law that is currently in effect may have already
been removed from the database and you should refer to that Public Act to see the changes
made to the current law.
815 ILCS 505/1
(815 ILCS 505/1) (from Ch. 121 1/2, par. 261)
Sec. 1. (a) The term "advertisement" includes the attempt by publication,
dissemination, solicitation or circulation to induce directly or indirectly
any person to enter into any obligation or acquire any title or interest in
any merchandise and includes every work device to disguise any form of
business solicitation by using such terms as "renewal", "invoice", "bill",
"statement", or "reminder", to create an impression of existing obligation
when there is none, or other language to mislead any person in relation to
any sought after commercial transaction.
(b) The term "merchandise" includes any objects, wares, goods,
commodities, intangibles, real estate situated outside the State of
Illinois, or services.
(c) The term "person" includes any natural person or his legal
representative, partnership, corporation (domestic and foreign), company,
trust, business entity or association, and any agent, employee, salesman,
partner, officer, director, member, stockholder, associate, trustee or
cestui que trust thereof.
(d) The term "sale" includes any sale, offer for sale, or attempt to
sell any merchandise for cash or on credit.
(e) The term "consumer" means any person who purchases or contracts for
the purchase of merchandise not for resale in the ordinary course of his
trade or business but for his use or that of a member of his household.
(f) The terms "trade" and "commerce" mean the advertising, offering for
sale, sale, or distribution of any services and any property, tangible or
intangible, real, personal or mixed, and any other article, commodity, or
thing of value wherever situated, and shall include any trade or commerce
directly or indirectly affecting the people of this State.
(g) The term "pyramid sales scheme" includes any plan or operation whereby
a person in exchange for money or other thing of value acquires the opportunity
to receive a benefit or thing of value, which is primarily based upon the
inducement of additional persons, by himself or others, regardless of number,
to participate in the same plan or operation
and is not primarily contingent on the volume or quantity of goods, services,
or other property sold or distributed or to be sold or distributed to persons
for purposes of resale to consumers. For purposes of this subsection, "money
or other thing of value"
shall not include payments made for sales demonstration equipment and materials
furnished on a nonprofit basis for use in making sales and not
for resale.
(Source: P.A. 95-331, eff. 8-21-07.)
|
|
