96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB1938

 

Introduced 2/18/2009, by Rep. Michael J. Madigan - Barbara Flynn Currie - John D'Amico

 

SYNOPSIS AS INTRODUCED:
 
625 ILCS 5/3-118.1   from Ch. 95 1/2, par. 3-118.1

    Amends the Illinois Vehicle Code. Makes a technical change in a Section concerning certificates of title and salvage certificates.


LRB096 05261 AJT 15327 b

 

 

A BILL FOR

 

HB1938 LRB096 05261 AJT 15327 b

1     AN ACT concerning transportation.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Illinois Vehicle Code is amended by changing
5 Section 3-118.1 as follows:
 
6     (625 ILCS 5/3-118.1)  (from Ch. 95 1/2, par. 3-118.1)
7     Sec. 3-118.1. Whenever a certificate of title is issued for
8 a vehicle with respect to which a salvage certificate has been
9 previously issued, the the new certificate of title shall bear
10 the notation "REBUILT". However, insurance companies or
11 persons licensed under Section 5-301 who are also licensed as a
12 used vehicle dealer under Section 5-102 of this Code may
13 exchange a salvage certificate for a certificate of title which
14 does not bear the notation "REBUILT" when there is submitted
15 with the application satisfactory proof that the salvage
16 certificate was obtained because of a claim of total loss from
17 theft and the vehicle was recovered without structural damage
18 caused by collision, fire, flood, theft, rust, or corrosion.
19 The Secretary may adopt rules governing the issuance of titles
20 authorized under this Section.
21 (Source: P.A. 89-189, eff. 1-1-96.)