(815 ILCS 636/10.110)
Sec. 10.110.
Residual value.
The estimated value of the vehicle at the
end of the scheduled lease term, used by the lessor in determining the base
lease payment, as established by the lessor at the time the lessor and lessee
enter into a consumer lease.
(Source: P.A. 89-625, eff. 1-1-97.)
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