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| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB4422 Introduced 1/30/2012, by Rep. Michael J. Madigan SYNOPSIS AS INTRODUCED:
| | 770 ILCS 90/1 | from Ch. 141, par. 1 |
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Amends the Sale of Unclaimed Property Act. Makes a technical change in
a Section concerning the sale of certain unclaimed property.
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| | A BILL FOR |
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| | HB4422 | | LRB097 15414 AJO 60514 b |
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| 1 | | AN ACT concerning civil law.
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| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Sale of Unclaimed Property Act is amended by |
| 5 | | changing Section 1 as follows:
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| 6 | | (770 ILCS 90/1) (from Ch. 141, par. 1)
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| 7 | | Sec. 1.
Except as provided in the
the Uniform Commercial |
| 8 | | Code in sections 7-209,
7-210, 7-307 and 7-308 regarding the |
| 9 | | lien and foreclosure
provisions for warehousemen and carriers |
| 10 | | and except as provided in the
Self-Service Storage Facility |
| 11 | | Act, enacted by the Eighty-Third General Assembly,
whenever any |
| 12 | | trunk, carpet-bag,
valise, bundle, package, or article of |
| 13 | | property, transported, or coming
into the possession of any |
| 14 | | railroad or express company, or any other common
carrier, or |
| 15 | | innkeeper or warehouseman, or private warehouse-keeper, in the
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| 16 | | course of its or his business as common carrier, innkeeper, |
| 17 | | warehouseman or
private warehouse-keeper remains unclaimed and |
| 18 | | the legal charges thereon
unpaid during the space of 6 months |
| 19 | | after its arrival at the point to which
it shall have been |
| 20 | | directed, and the owner or person to whom the same is
consigned |
| 21 | | cannot be found upon diligent inquiry, or, being found and
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| 22 | | notified of the arrival of such article, refuses or neglects to |
| 23 | | receive the
same and pay the legal charges thereon for the |