{"data":{"id":"us-il/625-ilcs-5-1-186","jurisdiction":"us-il","citation":"625 ILCS 5/1-186","heading":"Security interest.","body":"An interest in a vehicle reserved or created by agreement and which secures payment or performance of an obligation. The term includes the interest of a lessor under a lease intended as security. A security interest is \"perfected\" when it is valid against third parties generally, subject only to specific statutory exceptions.","path":["CHAPTER 625 VEHICLES","Illinois Vehicle Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=1815\u0026ChapterID=49\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:40Z","sha256":"4f6dcf1d36c19fc0173939c34b9b28e42a9013cbca4f94307d2a415db817f9d2","source_id":"us-il","stale":false,"prev":"us-il/625-ilcs-5-1-185","next":"us-il/625-ilcs-5-1-186.5"},"notice":"GroundRules: Original legal text. Not legal advice."}