815 ILCS 636/10.10

(815 ILCS 636/10.10)

Sec. 10.10. Average periodic depreciation. The difference between the adjusted capitalized cost and the residual value divided by the number of payment periods in the consumer lease, or, for a single payment lease, divided by the number of months in the term of the lease.

(Source: P.A. 89-625, eff. 1-1-97.)