NCJ Number
55498
Date Published
1974
Length
15 pages
Annotation
AN ACT TO PROTECT CONSUMERS, BORROWERS, AND BUSINESSMEN AGAINST FRAUD, UNFAIR METHODS OF COMPETITION, AND UNFAIR OR DECEPTIVE TRADE PRACTICES IS REPRINTED. THE UNIFORM DECEPTIVE TRADE PRACTICES ACT IS APPENDED.
Abstract
THIS ILLINOIS LAW COVERS THE FOLLOWING: CHAIN REFERRAL SALES TECHNIQUES, WHICH REQUIRE A BUYER TO SUPPLY NAMES OF OTHER PROSPECTIVE BUYERS; CANCELLATION CLAUSES FOR DOOR-TO-DOOR SALES CONTRACTS; RETURN OF DOWN PAYMENTS IF CREDIT IS NOT APPROVED; THE HANDLING OF INSTALLMENT SALES; DEFECTIVE MERCHANDISE; FAIR INSTALLMENT LOAN PRACTICES AND PROHIBITED COLLECTION TECHNIQUES; THE SALES OF MOTOR VEHICLES, INCLUDING THE ASSUMPTION OF REPAIR COSTS IN THE CASE OF A USED MOTOR VEHICLE; FAIR ADVERTISING PRACTICES; AND PROCEDURES TO BE FOLLOWED IF A SELLER GOES BANKRUPT. THE ENFORCEMENT POWERS OF THE ATTORNEY GENERAL ARE SPELLED OUT. THIS ACT SUPPLEMENTS THE UNIFORM DECEPTIVE TRADE PRACTICES ACT OF ILLINOIS, WHICH BECAME EFFECTIVE IN 1966. THE UNIFORM DECEPTIVE PRACTICES ACT IS APPENDED. (GLR)