Sec. 2.12

815 ILCS 375/2.12, under Motor Vehicle Retail Installment Sales Act.

815 ILCS 375/2.12

(815 ILCS 375/2.12) (from Ch. 121 1/2, par. 562.12)

    Sec. 2.12.

"Holder" of a retail installment contract means the retail seller of the motor vehicle under the installment contract or sales finance agency or other assignee which purchases or makes a loan upon the security of the retail installment contract.

(Source: P.A. 90-437, eff. 1-1-98.)