Where the licensee repossesses a motor vehicle that was used as collateral and which is used primarily for the obligor's personal, family or household purposes, the licensee shall be subject to the requirements of and shall transfer the certificate of title pursuant to Section 3-114 of the Illinois Vehicle Code.
205 ILCS 670/19.1
Known as the Consumer Installment Loan Act
The act spans §§ 205-670-1 to 205-670-9-1 (48 sections).
P.A. 90-437, eff. 1-1-98; 90-665, eff. 1-1-99.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.