TITLE 14: COMMERCE
SUBTITLE B: CONSUMER PROTECTION
CHAPTER II: ATTORNEY GENERAL
PART 460 BUYERS CLUBS
SECTION 460.235 DOWN PAYMENT REQUIREMENTS


 

Section 460.235  Down Payment Requirements

 

A buyers club engages in an unfair or deceptive act or practice if it requires from a buyer a down payment on a club merchandise order whose percentage of the order amount is in excess of the down payment percentage allowed by the buyers club contract.

 

(Source:  Amended at 10 Ill. Reg. 10957, effective June 6, 1986)