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96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010 SB2064
Introduced 2/20/2009, by Sen. Dan Kotowski SYNOPSIS AS INTRODUCED: |
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Creates the Motor Vehicle Repossession Act. Provides that a person who repossesses a motor vehicle must, before repossessing the motor vehicle, provide a law enforcement agency with the identity of the repossession agent, a description of the motor vehicle, the name and address of the person believed to be in possession of the motor vehicle, and the address where the motor vehicle repossession agent believes that the motor vehicle will be found. Provides that a violation is a petty offense for which a fine not to exceed $500 may be imposed.
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A BILL FOR
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SB2064 |
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LRB096 11403 AJT 21867 b |
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| AN ACT concerning repossession.
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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 1. Short title. This Act may be cited as the Motor |
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| Vehicle Repossession Act. |
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| Section 5. Definitions. As used in this Act: |
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| "Motor vehicle" has the meaning ascribed to that term in |
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| Chapter 1 of the Illinois Vehicle Code. |
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| "Motor vehicle repossession agent" means a person who |
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| physically repossesses a motor vehicle on behalf of another |
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| person or on the person's own behalf. |
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| "Repossess" or "repossesses" means to take possession of |
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| personal property used as collateral under Section 9-609 of the |
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| Uniform Commercial Code. |
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| Section 10. Information to law enforcement agency. |
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| (a) A motor vehicle repossession agent who intends to |
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| repossess a motor vehicle must provide the following |
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| information, if available, to a law enforcement agency having |
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| jurisdiction in the location where the motor vehicle |
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| repossession agent believes that the motor vehicle will be |
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| found: |
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| (1) The identity of the repossession agent. |