State of Illinois
91st General Assembly
Legislation

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91_HB1692

 
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 1        AN ACT to amend the Illinois  Vehicle  Code  by  changing
 2    Section 3-112.

 3        Be  it  enacted  by  the People of the State of Illinois,
 4    represented in the General Assembly:

 5        Section 5.  The  Illinois  Vehicle  Code  is  amended  by
 6    changing Section 3-112 as follows:

 7        (625 ILCS 5/3-112) (from Ch. 95 1/2, par. 3-112)
 8        Sec.  3-112.  Transfer.  (a)  If  an  owner transfers his
 9    interest in a vehicle,  other  than  by  the  creation  of  a
10    security interest, at the time of the delivery of the vehicle
11    he shall execute to the transferee an assignment and warranty
12    of  title  in the space provided on the certificate of title,
13    or as the  Secretary  of  State  prescribes,  and  cause  the
14    certificate  and  assignment to be mailed or delivered to the
15    transferee or to the Secretary of State.
16        If the vehicle is subject to a tax under the Mobile  Home
17    Local  Services Tax Act in a county with a population of less
18    than  3,000,000,  the  owner  shall  also  provide   to   the
19    transferee  a certification by the treasurer of the county in
20    which the vehicle is situated that  all  taxes  owed  by  the
21    owner  for  the  vehicle  have  been paid.  If the owner is a
22    licensed dealer who has purchased the vehicle and is  holding
23    it  for resale, in lieu of acquiring a certification from the
24    county treasurer he shall forward the certification  received
25    from  the  previous  owner  to the next buyer of the vehicle.
26    The owner shall cause  the  certification  to  be  mailed  or
27    delivered  to  the Secretary of State with the certificate of
28    title and assignment.   Upon approval of  the  county  board,
29    the  treasurer of the county in which the vehicle is situated
30    shall charge a $5 fee for the  certification  required  under
31    this  paragraph.   All  funds  collected under this paragraph
 
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 1    shall be deposited into the Tax Sale Automation Fund  created
 2    in Section 21-245 of the Property Tax Code.
 3        (b)  Except  as provided in Section 3-113, the transferee
 4    shall, promptly and within 5 business days after delivery  to
 5    him  of  the  vehicle  and  the  assigned  title, execute the
 6    application for a new  certificate  of  title  in  the  space
 7    provided  therefor  on the certificate or as the Secretary of
 8    State prescribes, and cause the certificate  and  application
 9    to be mailed or delivered to the Secretary of State.
10        (c)  Upon   request   of   the  owner  or  transferee,  a
11    lienholder in possession of the certificate of  title  shall,
12    unless  the  transfer was a breach of his security agreement,
13    either deliver the certificate to the transferee for delivery
14    to  the  Secretary  of  State  or,  upon  receipt  from   the
15    transferee   of  the  owner's  assignment,  the  transferee's
16    application for a new certificate and the required fee,  mail
17    or  deliver  them  to the Secretary of State. The delivery of
18    the certificate does not affect the rights of the  lienholder
19    under his security agreement.
20        (d)  If a security interest is reserved or created at the
21    time  of  the  transfer,  the  certificate  of title shall be
22    retained by or  delivered  to  the  person  who  becomes  the
23    lienholder,  and the parties shall comply with the provisions
24    of Section 3-203.
25        (e)  Except as provided in Section 3-113 and  as  between
26    the  parties,  a  transfer by an owner is not effective until
27    the provisions of this Section and Section  3-115  have  been
28    complied with; however, an owner who has delivered possession
29    of  the  vehicle  to the transferee and has complied with the
30    provisions of this Section and Section 3-115 requiring action
31    by him as not liable as  owner  for  any  damages  thereafter
32    resulting from operation of the vehicle.
33        (f)  The   Secretary  of  State  shall  not  process  any
34    application for a transfer of an interest in a vehicle if any
 
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 1    fees or taxes due under this Act from the transferor  or  the
 2    transferee  have  not  been  paid  upon reasonable notice and
 3    demand.
 4        (g)  If the Secretary of State  receives  an  application
 5    for  transfer  of  a vehicle subject to a tax under the Mobil
 6    Home Local Services Tax Act in a county with a population  of
 7    less  than 3,000,000, such application must be accompanied by
 8    the required certification by the  county  treasurer  or  tax
 9    assessor  authorizing the issuance of the title. 1tf (Source:
10    P.A. 86-226; 86-460; 86-1028.)

11        Section 99.  Effective date.  This Act takes effect  upon
12    becoming law.

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