ILCS » Chapter 205 · Act 660

205 ILCS 660/8.5

Purchase of any retail contract, retail charge agreement, or evidence of indebtedness thereunder after actual knowledge that the contract, agreement or evidence of indebtedness violates this Act, the Retail Installment Sales Act or the Motor Vehicle Retail Installment Sales Act

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(205 ILCS 660/8.5) (from Ch. 17, par. 5213)
    Sec. 8.5. Purchase of any retail contract, retail charge agreement, or evidence of indebtedness thereunder after actual knowledge that the contract, agreement or evidence of indebtedness violates this Act, the Retail Installment Sales Act or the Motor Vehicle Retail Installment Sales Act.
(Source: Laws 1967, p. 2062.)

    
Notes of Decisions
Cited in 4 cases, 1996–2001 · leading case: Jackson v. South Holland Dodge, Inc.
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Jackson v. South Holland Dodge, Inc. (2001) ill · cites it 4× “See 205 ILCS 660/8.5 (West 1994). She points out that TILA's disclosure requirements "do not annul, alter, or affect the laws of any State relating to the disclosure of information in connection with credit transactions, except to the extent that those laws are inconsistent with…”
Ortiz v. GENERAL MOTORS ACCEPTANCE CORP., INC. (1996) illappct “” 205 ILCS 660/ 8.5 (West 1992). Section 8 of the Motor Vehicle Retail Installment Sales Act provides in relevant part: "A seller under a retail installment contract may require insurance against substantial risk of loss of or damage to the motor vehicle, protecting the seller…”
Jackson v. South Holland Dodge, Inc. (2001) ill · cites it 2× “See 205 ILCS 660/8.5 (West 1994). She points out that TILA’s disclosure requirements “do not annul, alter, or affect the laws of any State relating to the disclosure of information in connection with credit transactions, except to the extent that those laws are inconsistent with…”
Ortiz v. General Motors Acceptance Corp. (1996) illappct “" 205 ILCS 660/8.5 (West 1992). Section 8 of the Motor Vehicle Retail Installment Sales Act provides in relevant part: "A seller under a retail installment contract may require insurance against substantial risk of loss of or damage to the motor vehicle, protecting the seller or…”
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