625 ILCS 5/ Illinois Vehicle Code.

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625 ILCS 5/3-612

(625 ILCS 5/3-612) (from Ch. 95 1/2, par. 3-612)

Sec. 3-612.

Repossessor plates.

The Secretary, upon receipt of an application, made on the form
prescribed by the Secretary of State may issue to financial institutions,
to lending institutions and to persons engaged in the business of
repossessing motor vehicles for others in situations where the motor
vehicle is the security for the funds, special plates which may be used by
such financial institutions, lending institutions and repossessors solely
for the purpose of operating the motor vehicles which are repossessed by
such repossessors upon a default in the contract.

Said special plates shall, in addition to the legends provided in
Section 3-412 of this Act, contain a phrase "repossessor" and such other
letters or numbers as the Secretary of State may prescribe. If an applicant
for such plates is engaged in repossessing vehicles for other persons and
does not hold a certificate, registration or permit from the Illinois
Commerce Commission to conduct such an operation, the application shall be
denied.

(Source: P.A. 76-1586.)