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96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB1938
Introduced 2/18/2009, by Rep. Michael J. Madigan - Barbara Flynn Currie - John D'Amico SYNOPSIS AS INTRODUCED:
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625 ILCS 5/3-118.1 |
from Ch. 95 1/2, par. 3-118.1 |
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Amends the Illinois Vehicle Code. Makes a technical change in a Section
concerning certificates of title and salvage certificates.
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A BILL FOR
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HB1938 |
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LRB096 05261 AJT 15327 b |
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| AN ACT concerning transportation.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5. The Illinois Vehicle Code is amended by changing |
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| Section 3-118.1 as follows:
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| (625 ILCS 5/3-118.1) (from Ch. 95 1/2, par. 3-118.1)
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| Sec. 3-118.1.
Whenever a certificate of title is issued for |
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| a vehicle
with respect to which a salvage certificate has been |
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| previously issued,
the
the new certificate of title shall bear |
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| the notation "REBUILT". However,
insurance companies or |
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| persons licensed under Section 5-301 who are also
licensed as a |
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| used vehicle dealer under Section 5-102 of this Code may
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| exchange a salvage certificate for a certificate of title which |
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| does not
bear the notation "REBUILT" when there is submitted |
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| with the application
satisfactory proof that the salvage |
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| certificate was obtained because of a
claim of total loss from |
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| theft and the vehicle was recovered
without structural damage |
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| caused by collision, fire, flood, theft, rust,
or corrosion.
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| The Secretary may adopt rules governing the issuance of titles |
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| authorized
under this Section. |
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| (Source: P.A. 89-189, eff. 1-1-96.)
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