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815 ILCS 405/16

The seller or holder of a retail installment contract must give the buyer a written receipt for any payment made in cash

Known as the Retail Installment Sales Act

The act spans §§ 815-405-1 to 815-405-9 (60 sections).

Laws 1967, p. 2149.

Upon the buyer's written request, the holder of a retail installment contract shall give or forward to the buyer a written statement of the amounts of payments and the total amount unpaid under the contract covering transactions during a period not to exceed 18 months from the date of the buyer's written request. A buyer is entitled to such a statement once every 6 months without charge. The holder may require payment of a charge not exceeding $10 for each additional statement furnished.

Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.