Bill Amendment: IL SB0141 | 2015-2016 | 99th General Assembly

NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: BUSINESS-TECH

Status: 2016-07-31 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments [SB0141 Detail]

Download: Illinois-2015-SB0141-Senate_Amendment_001.html

Sen. Steve Stadelman

Filed: 4/1/2015

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1
AMENDMENT TO SENATE BILL 141
2 AMENDMENT NO. ______. Amend Senate Bill 141 by replacing
3everything after the enacting clause with the following:
4 "Section 5. The Uniform Commercial Code is amended by
5changing Section 9-609 as follows:
6 (810 ILCS 5/9-609)
7 Sec. 9-609. Secured party's right to take possession after
8default.
9 (a) Possession; rendering equipment unusable; disposition
10on debtor's premises. After default, a secured party:
11 (1) may take possession of the collateral; and
12 (2) without removal, may render equipment unusable and
13 dispose of collateral on a debtor's premises under Section
14 9-610.
15 A secured party may not disable or render unusable any
16computer program or other similar device embedded in the

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1collateral if immediate injury to any person or property is a
2reasonably foreseeable consequence of such action. A secured
3party who disables or renders unusable such a computer program
4or other similar device in such circumstances shall be liable
5in accordance with applicable rules of law to any person who
6sustains an injury to person or property as a reasonably
7foreseeable result of the secured party's action.
8 A secured party shall not disable a vehicle by using
9starter interrupt technology unless the secured party complies
10with all of the following:
11 (A) At the time of the sale, the secured party provides
12 the buyer written notice of both of the following:
13 (i) That the vehicle is equipped with starter
14 interrupt technology that the secured party can use to
15 shut down the vehicle remotely.
16 (ii) That a warning will be provided no less than
17 48 hours before the use of the starter interrupt
18 technology to shut down the vehicle remotely and the
19 manner and method in which that warning will occur. The
20 secured party shall offer the buyer a choice of warning
21 methods, including warning from the device, telephone
22 call, e-mail, or text message, if available, provided
23 that the warning method does not violate applicable
24 State or federal law.
25 (B) At least 30 days prior to disabling the vehicle for
26 the buyer's failure to tender timely loan repayments, the

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1 secured party provides the buyer written notice of all of
2 the following:
3 (i) That the loan is past due.
4 (ii) That the secured party may use starter
5 interrupt technology to disable the vehicle within 30
6 days after the mailing date of the notice.
7 (iii) The amount currently due on the loan.
8 (iv) The acceptable forms of payment of the amount
9 currently due.
10 (v) That the vehicle will not be disabled if the
11 buyer tenders the amount currently due on the loan to
12 the secured party in an acceptable form of payment
13 within 30 days after the mailing date of the notice.
14 (vi) That, if the loan is not paid, a warning will
15 be provided using the warning method specified at the
16 time of sale to the buyer no less than 48 hours before
17 the use of the starter interrupt technology to shut
18 down the vehicle remotely.
19 In the event of an emergency, the buyer will be provided
20with the ability to start a secured party-disabled vehicle for
21no less than 24 hours after the vehicle's initial disablement.
22 (b) Judicial and nonjudicial process. A secured party may
23proceed under subsection (a):
24 (1) pursuant to judicial process; or
25 (2) without judicial process, if it proceeds without
26 breach of the peace.

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1 (c) Assembly of collateral. If so agreed, and in any event
2after default, a secured party may require the debtor to
3assemble the collateral and make it available to the secured
4party at a place to be designated by the secured party which is
5reasonably convenient to both parties.
6(Source: P.A. 91-893, eff. 7-1-01.)".
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