Illinois Compiled Statutes 770 ILCS 105/5 – Second notice; publication; sale by processor
Current as of: 2024 | Check for updates
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(A) Before a processor may sell the die, mold or special tool, the processor shall provide a second written notification to the customer, by registered mail, return receipt requested. The second notice shall include the following information:
(1) The processor’s intention to sell the die, mold,
(1) The processor’s intention to sell the die, mold,
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or special tool;
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(2) A description of the die, mold, or special tool
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to be sold;
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(3) The time and place of the sale; and
(4) An itemized statement for the amount due.
(B) In addition to this notification by mail, the processor shall publish in a newspaper of general circulation in the place where the die, mold, or special tool is being held for sale by the processor, notice of the processor’s intention to sell the die, mold, or special tool. The notice shall include a description of the die, mold, or special tool and name of the customer.
(4) An itemized statement for the amount due.
(B) In addition to this notification by mail, the processor shall publish in a newspaper of general circulation in the place where the die, mold, or special tool is being held for sale by the processor, notice of the processor’s intention to sell the die, mold, or special tool. The notice shall include a description of the die, mold, or special tool and name of the customer.