815 ILCS 636/10.105

Current through Public Act 103-1052
Section 815 ILCS 636/10.105 - Renegotiation

The satisfaction and replacement of an existing consumer lease by a new consumer lease undertaken by the same lessee. The term renegotiation does not include (a) a deferral or extension of one or more periodic lease payments or portions of one or more periodic payments; (b) a consumer lease involving a court proceeding or the settlement of a dispute; or (c) any other agreement or event which does not constitute a "renegotiation" under the Consumer Leasing Act.

815 ILCS 636/10.105

P.A. 89-625, eff. 1/1/1997.