Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE14. COMMERCE |
PART460. BUYERS CLUBS |
SUBPARTB. UNFAIR OR DECEPTIVE ACTS OR PRACTICES |
§460.235. Down Payment Requirements
Latest version.
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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)