Sec. 18. All defenses available against a holder in due course of a negotiable instrument under subsection (2) of Section 3-305 of the Uniform Commercial Code are availa.
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/il/chapter-815/act-405/18A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 18. All defenses available against a holder in due course of a negotiable instrument under subsection
(2)of Section 3-305 of the Uniform Commercial Code are available to a buyer under a retail installment contract notwithstanding any agreement to the contrary.