Illinois Compiled Statutes 225 ILCS 465 Transient Merchant Act of 1987. Section 5.6

    (225 ILCS 465/5.6)

    Sec. 5.6. Receipts for the purchase of new and unused property.

    (a) An unused property merchant must maintain receipts for the purchase of new and unused property purchased or acquired on or after the effective date of this amendatory Act of the 91st General Assembly. The receipts must contain the following information:

        (1) the date of the transaction;

        (2) the name and address of the person, corporation,

    or entity from whom the new and unused property was acquired;

        (3) an identification and description of the new and

    unused property acquired;

        (4) the price paid for the new and unused property;

    and

        (5) the signature of the seller and buyer of the new

    and unused property.

    (b) It is a violation of this Section for an unused property merchant required to maintain receipts under the provisions of this Section to knowingly:

        (1) falsify, obliterate, or destroy the receipts;

        (2) refuse or fail to make the receipts available for

    inspection upon request within a period of time that is reasonable under the individual circumstances surrounding the request; however, the unused property merchant is not required to possess the receipt on or about his or her person without reasonable notice; or

        (3) fail to maintain the receipts required by this

    Section for at least 2 years.

    (c) The provisions of this Section shall not apply to the following:

        (1) the sale of a motor vehicle or trailer that is

    required to be registered or is subject to the certificate of title laws of this State;

        (2) the sale of livestock, ice, or wood for fuel;

        (3) business conducted in any industry or association

    trade show;

        (4) property, although never used, whose style,

    packaging, or material clearly indicates that the property was not produced or manufactured recently;

        (5) a person who sells by sample, catalog, or

    brochure for future delivery;

        (6) the sale of arts or crafts or other merchandise

    by the person who produced those arts or crafts or other merchandise or by a person or persons acting on his or her behalf; or

        (7) a person who makes sales presentations pursuant

    to a prior, individualized invitation issued to the consumer by the owner or legal occupant of the premises.

(Source: P.A. 91-874, eff. 6-30-00.)

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Last modified: February 18, 2015