Ill. Admin. Code tit. 92 § 1480.416

Current through Register Vol. 48, No. 45, November 8, 2024

Section 1480.416 - Notification to Law Enforcement Following Repossession

a) Within 30 minutes after the completion of the repossession, the licensed repossession agency or repossession agency employee must notify the appropriate law enforcement agency that the repossession has occurred within its jurisdiction. [225 ILCS 422/105 ]

b) The following information shall be provided as part of the notification:

1) Name of the repossession agency;

2) License number of the repossession agency;

3) Color, make, model, vehicle identification number (VIN) if applicable, serial number if applicable, and a general description of collateral repossessed;

4) Date and time the repossession was completed.

c) Acceptable notification shall be made by the means of a phone, fax, email or other electronic communication.

Ill. Admin. Code tit. 92, § 1480.416

Amended at 38 Ill. Reg. 5821, effective March 14, 2014