ILCS » Chapter 815 · Act 715
Illinois Compiled Statutes

815 ILCS 715/2 (2026)

As used in this Act unless the context clearly requires otherwise:     (1) "Current net price" shall mean the price listed in the wholesaler's, manufacturer's, or distributor's price list in effect at the time the contract is canceled or discontinued, less any applicable trade, volume and/or cash discounts;     (2) "Inventory" shall mean farm implements, farm machinery, attachments, accessories and repair parts, outdoor power equipment including but not limited to all-terrain vehicles or off-highway motorcycles, construction equipment, industrial equipment, attachments, accessories and repair parts;     (3) "Net cost" shall mean the price the retailer actually paid for the merchandise to the wholesaler, manufacturer or distributor, plus freight from the wholesaler's, manufacturer's or distributor's location to the dealer's location;     (4) "Retailer" shall mean any person, firm or corporation engaged in the business of selling and retailing outdoor power equipment including but not limited to all-terrain vehicles or off-highway motorcycles, farm implements, farm machinery, attachments accessories or repair parts and retailers of construction or industrial equipment, attachments or accessories or repair parts, but shall not include retailers of petroleum and motor vehicles and related automotive care and replacement products normally sold by such retailers

✓ current as of May 2026
Find cases: SyfertCases citing this section IL-ILGAilga.gov JustiaChapter on Justia CornellLII Search CasesGoogle Scholar
(815 ILCS 715/2) (from Ch. 5, par. 1502)
    Sec. 2. As used in this Act unless the context clearly requires otherwise:
    (1) "Current net price" shall mean the price listed in the wholesaler's, manufacturer's, or distributor's price list in effect at the time the contract is canceled or discontinued, less any applicable trade, volume and/or cash discounts;
    (2) "Inventory" shall mean farm implements, farm machinery, attachments, accessories and repair parts, outdoor power equipment including but not limited to all-terrain vehicles or off-highway motorcycles, construction equipment, industrial equipment, attachments, accessories and repair parts;
    (3) "Net cost" shall mean the price the retailer actually paid for the merchandise to the wholesaler, manufacturer or distributor, plus freight from the wholesaler's, manufacturer's or distributor's location to the dealer's location;
    (4) "Retailer" shall mean any person, firm or corporation engaged in the business of selling and retailing outdoor power equipment including but not limited to all-terrain vehicles or off-highway motorcycles, farm implements, farm machinery, attachments accessories or repair parts and retailers of construction or industrial equipment, attachments or accessories or repair parts, but shall not include retailers of petroleum and motor vehicles and related automotive care and replacement products normally sold by such retailers.
(Source: P.A. 96-1155, eff. 7-21-10.)

    
Notes of Decisions
Cited in 2 cases, 2011–2011 · leading case: Scholl's v. Motor Veh. Review Bd., 957 N.E.2d 1204 (Ill. App. Ct. 2011).
Sort: Relevance Newest Treatment
Scholl's v. Motor Veh. Review Bd., 957 N.E.2d 1204 (Ill. App. Ct. 2011). · cites it 2× “¶ 37 Indeed, as Arctic Cat has pointed out, our legislature recently created statutory protection for ATV dealerships by amendment of section 2(4) of the Equipment Fair Dealership Law (815 ILCS 715/2 (West 2010) (amended by Pub.”
Scholl's 4 Season Motor Sports v. Illinois Motor Veh. Review Bd., 2011 IL App (1st) 102995 (Ill. App. Ct. 2011). · cites it 2× “¶ 37 Indeed, as Arctic Cat has pointed out, our legislature recently created statutory protection for ATV dealerships by amendment of section 2(4) of the Equipment Fair Dealership Law (815 ILCS 715/2 (West 2010) (amended by Pub.”
— 815 ILCS 715/2(4) — 2 cases
Scholl's v. Motor Veh. Review Bd., 957 N.E.2d 1204 (Ill. App. Ct. 2011). “¶ 37 Indeed, as Arctic Cat has pointed out, our legislature recently created statutory protection for ATV dealerships by amendment of section 2(4) of the Equipment Fair Dealership Law (815 ILCS 715/2 (West 2010) (amended by Pub.”
Scholl's 4 Season Motor Sports v. Illinois Motor Veh. Review Bd., 2011 IL App (1st) 102995 (Ill. App. Ct. 2011). “¶ 37 Indeed, as Arctic Cat has pointed out, our legislature recently created statutory protection for ATV dealerships by amendment of section 2(4) of the Equipment Fair Dealership Law (815 ILCS 715/2 (West 2010) (amended by Pub.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.