(815 ILCS 405/11.1)
Sec. 11.1.
Disclosure of consideration paid to seller.
Consideration or
another thing of value may be paid to or retained by the seller or holder or an
affiliate
of the seller or holder in connection with any insurance, debt cancellation
contract, or
other such product purchased pursuant to the retail installment sales contract
made or held by the seller
and all or a portion of the consideration may be included in the amount charged
to
the obligor, so long as the seller or holder discloses to the obligor that the
seller, holder,
or any of their affiliates may receive something of value in
connection with the
purchase.
(Source: P.A. 90-437, eff. 1-1-98.)
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