90th General Assembly
Summary of SB1874
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Senate Sponsors:
JACOBS.

Short description: 
IMPOUNDED VEH-LIENHOLDERS RTS                                              

Synopsis of Bill as introduced:
        Amends the Illinois Vehicle Code and the Labor and  Storage  Lien      
   (Small  Amount)  Act.   Provides  that  a  vehicle  impounded  for the      
   driver's failure to meet the mandatory insurance requirements  may  be      
   released  to  a  lienholder  or  secured party whose right, title, and      
   interest is on record with the Secretary of State  and  who  can  show      
   that  the lien is bona fide and was created without knowledge that the      
   vehicle was used or to be used in commission of the  offense  charged.      
   Provides  that  notice  of  the impoundment shall be sent by certified      
   mail to the registered owner, lienholder, and other  legally  entitled      
   persons. Provides that if a motor vehicle is delivered to a lienor and      
   not  redeemed  by a lawful possessor within 30 days, the lienor shall,      
   within 45 days of delivery of a motor vehicle to  him  or  her,  serve      
   notice  of  his or her claim to the motor vehicle by certified mail to      
   each lienholder on the  certificate  of  title.    Provides  that  any      
   lienholder shall be entitled to redeem the motor vehicle by paying the      
   lienor's  charges.   Provides  that  notice of a sale of an unredeemed      
   motor vehicle  shall  be  given  by  certified  mail,  return  receipt      
   requested, to each lienholder shown on the certificate of title.            
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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