(815 ILCS 715/4.5)
Sec. 4.5.
Warranty work.
Retailers who do warranty repair work for a
consumer under the provisions of a manufacturer's express warranty shall be
reimbursed by the manufacturer for warranty work at an hourly rate that is the
same as or greater than the hourly labor rate that the retailer
charges
consumers for non-warranty repair work.
The provisions of this Section shall not apply to a supplier or dealer where
a written dealer agreement provides for compensation to a dealer for warranty
labor costs either as part of the pricing of the equipment to the dealer or in
the form of a lump sum payment, provided the payment is not less than 5% of the
suggested retail price of the equipment.
(Source: P.A. 92-847, eff. 1-1-03.)
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