815 ILCS 375/2.4

(815 ILCS 375/2.4) (from Ch. 121 1/2, par. 562.4)

Sec. 2.4. "Retail installment transaction" means a credit sale of a motor vehicle by a retail seller to a retail buyer for a deferred payment price payable in one or more installments.

(Source: P.A. 76-1781.)