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Code · Illinois · Chapter 815 — BUSINESS TRANSACTIONS · Act 405

Sec. 2.17. Precomputed.

29 words·~1 min read·/il/chapter-815/act-405/2-17

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Sec. 2.17. Precomputed. A contract is "precomputed" if the debt is expressed as a sum of the amount financed plus the amount of the finance charge computed in advance.
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