Illinois Compiled Statutes 625 Vehicles: Article IIIB - Security Interests

• Illinois Boat Registration and Safety Act. - 625 ILCS 45, Section 3B-1
  Excepted liens and security interests. This Article does not apply to or affect: (a) A lien given by statute or rule of law to...
• Illinois Boat Registration and Safety Act. - 625 ILCS 45, Section 3B-2
  Perfection of security interest. (a) Unless excepted by Section 3B-1, a security interest in a watercraft of a type for which a certificate of...
• Illinois Boat Registration and Safety Act. - 625 ILCS 45, Section 3B-3
  Security interest. If an owner creates a security interest in a watercraft: (a) The owner shall immediately execute the application, in the space provided...
• Illinois Boat Registration and Safety Act. - 625 ILCS 45, Section 3B-4
  Assignment by lienholder. (a) A lienholder may assign, absolutely or otherwise, his security interest in the watercraft to a person other than the owner...
• Illinois Boat Registration and Safety Act. - 625 ILCS 45, Section 3B-5
  Release of security interest. (a) Upon the satisfaction of a security interest in a watercraft for which the certificate of title is in the...
• Illinois Boat Registration and Safety Act. - 625 ILCS 45, Section 3B-6
  Duty of lienholder. A lienholder named in a certificate of title shall, upon written request of the owner or of another lienholder named on...
• Illinois Boat Registration and Safety Act. - 625 ILCS 45, Section 3B-7
  Exclusiveness of procedure. The method provided in this Act of perfecting and giving notice of security interests subject to this Act is exclusive. Security...
• Illinois Boat Registration and Safety Act. - 625 ILCS 45, Section 3B-8
  Suspension or revocation of certificates. (a) The Department of Natural Resources may suspend or revoke a certificate of title, upon notice and reasonable opportunity...
• Illinois Boat Registration and Safety Act. - 625 ILCS 45, Section 3B-9
  Powers of Department of Natural Resources. (a) The Department of Natural Resources shall prescribe and provide suitable forms of applications, certificates of title, notices...
• Illinois Boat Registration and Safety Act. - 625 ILCS 45, Section 3B-10
  Court review. A person aggrieved by an act or omission to act of the Department of Natural Resources under this Article or Article IIIA...

Last modified: February 18, 2015