Illinois Statutes
§ 10.110 — Residual value
Illinois § 10.110
JurisdictionIllinois
TopicBUSINESS AND EMPLOYMENT
Ch. 815BUSINESS TRANSACTIONS
Act 815 ILCS 636/Motor Vehicle Leasing Act.
This text of Illinois § 10.110 (Residual value) 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
815 Ill. Comp. Stat. 10.110 (2026).
Text
The estimated value of the vehicle at the end of the scheduled lease term, used by the lessor in determining the base lease payment, as established by the lessor at the time the lessor and lessee enter into a consumer lease.
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Legislative History
(Source: P.A. 89-625, eff. 1-1-97.)
Nearby Sections
15
§ 10-1
Short title§ 10-100
Immunity for official acts§ 10-105
Scope of the Act§ 10-110
§ 10-110§ 10-115
Business broker lien§ 10-125
Service of process§ 10-20
Renewal of registration§ 10-25
Fees and funds§ 10-35
§ 10-35§ 10-40
§ 10-40§ 10-45
§ 10-45Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 10.110, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/815/10.110.