Sec. 15. The seller or holder of a retail installment contract must give the buyer a written receipt for any payment made in cash.
93 words·~1 min read·
/il/chapter-815/act-375/15A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 15. The seller or holder of a retail installment contract must give the buyer a written receipt for any payment made in cash. Upon the buyer's written request the holder of a retail installment contract shall give or forward to the buyer a written statement of the amounts of payments and the total amount unpaid under the contract. Upon written request, a buyer is entitled to such a statement once every 6 months without charge. The holder may require payment of a reasonable charge not exceeding $10 for each additional statement furnished.