§ 1 This Act may be cited as the Illinois Equipment Fair Dealership Law
§ 2 As used in this Act unless the context clearly requires otherwise: …
§ 3 Whenever any retailer enters into a written or oral agreement with a …
§ 4 (1) The wholesaler, manufacturer or distributor shall repurchase that …
§ 4.5 Warranty work
§ 5 The provisions of this Act shall be supplemental to any agreement …
§ 6 The provisions of this Act shall not be construed to affect in any …
§ 7 The provisions of this Act shall not require the repurchase from a …
§ 8 If any wholesaler, manufacturer or distributor shall fail or refuse …
§ 9 In the event of the death of the retailer or the spouse of a …
§ 9.1 The obligations of wholesalers, manufacturers and distributors …
§ 10 The effect of this Act may not be varied by contract or agreement and …
§ 10.1 Retailers and others not subject to Franchise Disclosure Act of 1987. …
§ 11 The provisions of this Act shall apply to all contracts now in effect …

Terms Used In Illinois Compiled Statutes > 815 ILCS 715

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Surviving spouse: means "widow" or "widower" as the case may be. See Illinois Compiled Statutes 5 ILCS 70/1.32
  • Tenancy by the entirety: A type of joint tenancy between husband and wife that is recognized in some States. Neither party can sever the joint tenancy relationship; when a spouse dies, the survivor acquires full title to the property.
  • Trustee: A person or institution holding and administering property in trust.
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC