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Current as of January 01, 2025 | Updated by Findlaw Staff
§ 10.70. Holder. The lessor or owner of a vehicle under or subject to a consumer lease and if ownership of the consumer lease is acquired by an assignee, the assignee for the period of the assignee's ownership. The term holder does not include a pledgee of a consumer lease to secure a bona fide obligation secured by the consumer lease or the owner or beneficiary of an interest in a trust that owns consumer leases.
Cite this article: FindLaw.com - Illinois Statutes Chapter 815. Business Transactions § 636/10.70. Holder - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-815-business-transactions/il-st-sect-815-636-10-70/
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