Average periodic lease charge

815 ILCS 636/10.15, under Motor Vehicle Leasing Act.

815 ILCS 636/10.15

(815 ILCS 636/10.15)

    Sec. 10.15. Average periodic lease charge. The lease charge for the scheduled term of the consumer lease divided by the number of payment periods 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.)