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94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
SB1209
Introduced 2/18/2005, by Sen. John J. Cullerton - Emil Jones, Jr. SYNOPSIS AS INTRODUCED:
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770 ILCS 90/1 |
from Ch. 141, par. 1 |
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Amends the Sale of Unclaimed Property Act. Makes a technical change in
a Section concerning the sale of certain unclaimed property.
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A BILL FOR
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SB1209 |
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LRB094 04857 LCB 34886 b |
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| AN ACT concerning civil law.
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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 Sale of Unclaimed Property Act is amended by |
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| changing Section 1 as follows:
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| (770 ILCS 90/1) (from Ch. 141, par. 1)
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| Sec. 1. Except as provided in the
the Uniform Commercial |
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| Code in sections 7-209,
7-210, 7-307 and 7-308 regarding the |
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| lien and foreclosure
provisions for warehousemen and carriers |
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| and except as provided in the
Self-Service Storage Facility |
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| Act, enacted by the Eighty-Third General Assembly,
whenever any |
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| trunk, carpet-bag,
valise, bundle, package, or article of |
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| property, transported, or coming
into the possession of any |
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| railroad or express company, or any other common
carrier, or |
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| innkeeper or warehouseman, or private warehouse-keeper, in the
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| course of its or his business as common carrier, innkeeper, |
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| warehouseman or
private warehouse-keeper remains unclaimed and |
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| the legal charges thereon
unpaid during the space of 6 months |
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| after its arrival at the point to which
it shall have been |
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| directed, and the owner or person to whom the same is
consigned |
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| cannot be found upon diligent inquiry, or, being found and
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| notified of the arrival of such article, refuses or neglects to |
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| receive the
same and pay the legal charges thereon for the |
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| space of 3 months, it shall
be lawful for such common carrier, |
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| innkeeper, warehouseman or private
warehouse-keeper to sell |
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| such article at public auction, after giving the
owner or |
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| consignee 15 days' notice of the time and place of sale, |
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| through
the post office, and by advertising in a newspaper |
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| published in the county
where such sale is made, and out of the |
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| proceeds of such sale to pay all
legal charges on such |
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| articles, and the overplus, if any, shall be paid to
the owner |
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| or the consignee upon demand. |