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625 ILCS 5/3-503

Transfers to dealers

Known as the Uniform Commercial Driver's License Act

The act spans §§ 625-5-11-500 to 625-5-7-504 (96 sections).

P.A. 76-1586.

When the transferee of a vehicle is a dealer who holds the same for resale and lawfully operates the same under dealers' number plates or when the transferee does not drive such vehicle or permit it to be driven upon the highways, such transferee shall not be required to obtain a new registration of said vehicle.

Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.