Illinois Compiled Statutes 815 ILCS 375/17.1 – Seller may not keep keys
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Terms Used In Illinois Compiled Statutes 815 ILCS 375/17.1
- Contract: A legal written agreement that becomes binding when signed.
For contracts entered into after January 1, 1998, unless otherwise provided for in the retail installment sales contract, a seller or holder cannot take or retain possession of the keys (or copy thereof) to a motor vehicle purchased under a retail installment sales contract.