Illinois Compiled Statutes 815 ILCS 375/17 – All defenses available against a holder in due course of a negotiable …
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Illinois Compiled Statutes 815 ILCS 375/17
- Contract: A legal written agreement that becomes binding when signed.
All defenses available against a holder in due course of a negotiable instrument under subsection (2) of § 3-305 of the Uniform Commercial Code are available to a buyer under a retail installment contract notwithstanding any agreement to the contrary.