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Illinois · Through at least Public Act 104-790

810 ILCS 5/9-205.1

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Where this section sits in the code
  1. CHAPTER 810 COMMERCIAL CODE
  2. Uniform Commercial Code.

Listing by debtor of purchasers or receivers of collateral. A secured party may require that the debtor include as part of the security agreement a list of persons to whom the debtor desires to sell or otherwise dispose of the collateral. The debtor shall not sell or otherwise dispose of the collateral to a person not included in that list unless the debtor has notified the secured party of his desire to sell or otherwise dispose of the collateral to such person at least 7 days prior to the sale or other disposition.

Collected 2026-09-15T04:46:47Z. Source file · JSON

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