(a) An advertisement for a rental-purchase agreement that refers to or states the amount of a payment or the right to acquire ownership of any one particular item under the agreement must clearly and conspicuously state:
        (1) that the transaction advertised is a
    
rental-purchase agreement;
        (2) the total amount and number of payments necessary
    
to acquire ownership; and
        (3) that the consumer does not acquire ownership
    
rights unless the merchandise is rented for a specified number of payment periods.
    (b) Every item of property displayed or offered for rental-purchase by a merchant shall have attached to its front or displayed as prominently as if attached to its front a tag disclosing the amount to be paid to acquire ownership of the merchandise.

Terms Used In Illinois Compiled Statutes 815 ILCS 655/3

  • State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
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