(625 ILCS 5/3-114.1)
Sec. 3-114.1. Transfers to and from charitable
organizations. When a charitable not-for-profit organization
that is exempt from federal income taxation under Section
501(c)(3) of the Internal Revenue Code becomes the recipient
of a motor vehicle by means of a donation from an individual,
the organization need not send
the certificate of title to the Secretary of State. Upon
transferring the motor vehicle, the
organization shall promptly and within 20 days execute the
reassignment to reflect the transfer from the organization
to the purchaser.
The
organization is specifically authorized to complete and
execute the space reserved in the certificate of title for a
dealer reassignment, notwithstanding that the organization
is not a licensed dealer. Nothing in this Section shall be
construed to require the organization to become a licensed
vehicle dealer.
(Source: P.A. 100-201, eff. 8-18-17.)
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