Illinois Statutes

§ 3-12-9 — Sale and Lease of Goods

Illinois § 3-12-9
JurisdictionIllinois
TopicRIGHTS AND REMEDIES
Ch. 730CORRECTIONS
Act 730 ILCS 5/Unified Code of Corrections.
Art.Chapter III - Department Of Corrections

This text of Illinois § 3-12-9 (Sale and Lease of Goods) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
730 Ill. Comp. Stat. 3-12-9 (2026).

Text

(a)The Department shall establish procedures and issue regulations governing the sale and lease of goods. It shall issue a list of all goods available for sale and lease and shall issue certificates to any required purchasers under Section 3-12-7 where the goods requested are not currently available.
(b)Prices shall be determined by the Department as near to the usual market price for such items as possible and shall be uniform for all purchasers.
(c)Any disagreement between the Department and an authorized purchaser or lessee which cannot be resolved between the parties shall be submitted to arbitration. A board of 3 arbitrators shall be chosen: one by the Department; one by the purchaser; and one by the other 2 arbitrators. The decision of the arbitrators shall be final. The arbitrato

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Legislative History

(Source: P.A. 84-1041.)

Nearby Sections

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Bluebook (online)
Illinois § 3-12-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/730/3-12-9.