815 ILCS 375/2.12

815 ILCS 375/2.12
in effect
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(815 ILCS 375/2.12) (from Ch. 121 1/2, par. 562.12) Sec. 2.12. "Holder" of a retail installment contract means the retail seller of the motor vehicle under the installment contract or sales finance agency or other assignee which purchases or makes a loan upon the security of the retail installment contract. (Source: P.A. 90-437, eff. 1-1-98.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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