810 ILCS 5/9-205.1

Current through Public Act 103-1052
Section 810 ILCS 5/9-205.1 - Listing by debtor of purchasers or receivers of collateral

A secured party may require that the debtor include as part of the security agreement a list of persons to whom the debtor desires to sell or otherwise dispose of the collateral. The debtor shall not sell or otherwise dispose of the collateral to a person not included in that list unless the debtor has notified the secured party of his desire to sell or otherwise dispose of the collateral to such person at least 7 days prior to the sale or other disposition.

810 ILCS 5/9-205.1

P.A. 83-69; 91-893, eff. 7/1/2001.