§ 5-101 New vehicle dealers must be licensed
§ 5-101.1 Motor vehicle financing affiliates; licensing
§ 5-101.2 Manufactured home dealers; licensing
§ 5-102 Used vehicle dealers must be licensed
§ 5-102.1 Permits for off site sales and exhibitions
§ 5-102.5 Used vehicle dealer prelicensing education program courses
§ 5-102.7 Dealer Recovery Trust Fund
§ 5-102.8 Licensure of Buy Here, Pay Here used vehicle dealers
§ 5-102.9 Alternative vehicle sales and ownership
§ 5-103 (a) Every new vehicle manufacturer shall specify the delivery and …
§ 5-104 On and after January 1, 1976, each manufacturer of a 1976 or later …
§ 5-104.1 Informational labels on pickup trucks; penalty
§ 5-104.2 Nonconforming vehicles; sale
§ 5-104.3 Disclosure of rebuilt vehicle
§ 5-105 Investigation of licensee required
§ 5-106 No person may keep open, operate, or assist in keeping open or …
§ 5-107 Bond exemption
§ 5-108 Vehicle Referral and Marketing Services
§ 5-109 Manufacturers and distributors; fees

Terms Used In Illinois Compiled Statutes > 625 ILCS 5 > Chapter 5 > Article I - Dealers

  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Case law: The law as laid down in cases that have been decided in the decisions of the courts.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Felony: A crime carrying a penalty of more than a year in prison.
  • Fraud: Intentional deception resulting in injury to another.
  • individual: shall include every infant member of the species homo sapiens who is born alive at any stage of development. See Illinois Compiled Statutes 5 ILCS 70/1.36
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Misdemeanor: Usually a petty offense, a less serious crime than a felony, punishable by less than a year of confinement.
  • Month: means a calendar month, and the word "year" a calendar year unless otherwise expressed; and the word "year" alone, is equivalent to the expression "year of our Lord. See Illinois Compiled Statutes 5 ILCS 70/1.10
  • oath: shall be deemed to include an affirmation, and the word "sworn" shall be construed to include the word "affirmed. See Illinois Compiled Statutes 5 ILCS 70/1.12
  • Oath: A promise to tell the truth.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Petty offense: A federal misdemeanor punishable by six months or less in prison. Source: U.S. Courts
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
  • Trustee: A person or institution holding and administering property in trust.
  • United States: may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14