Chapter 240 — WAREHOUSES

(240 ILCS 5/0.01) (from Ch. 17, par. 1450) Sec. 0.01. Short title. This Act may be cited as the Safety Deposit License Act. (Source: P.A. 86-1324.)

(240 ILCS 5/1) (from Ch. 17, par. 1451) Sec. 1. For the purposes of this Act: "Person" means any individual, firm, corporation, association, trust or other association of individuals. "Director" means the Director of the Department of Financial Institutions of the State of Illino…

(240 ILCS 5/10) (from Ch. 17, par. 1460) Sec. 10. If applicant has heretofore been licensed: a. Date of prior license or licenses issued; b. Date prior license or licenses expired; c. Date prior licenses renewed or new licenses issued in place thereof. (Source: Laws 1945, p. 1711…

(240 ILCS 5/11) (from Ch. 17, par. 1461) Sec. 11. Each application shall be accompanied by a supplementary statement executed and submitted by the individual owner of a sole proprietorship; by each partner (whether general or limited) of a partnership; by properly authorized offi…

(240 ILCS 5/12) (from Ch. 17, par. 1462) Sec. 12. The nature and tenure of each period of employment or business of affiant for at least ten years immediately preceding the date of his statement shall be stated in the supplementary statement. Any periods of attendance at educatio…

(240 ILCS 5/13) (from Ch. 17, par. 1463) Sec. 13. If the applicant named in the supplementary statement is a corporation, or an incorporated association, the amount of capital stock or invested interest owned of record by the affiant shall be stated. If the applicant is a partner…

(240 ILCS 5/14) (from Ch. 17, par. 1464) Sec. 14. If partnership or unincorporated association, the limitation of liability of the affiant as a partner or member thereof shall be stated in the supplementary statement. (Source: Laws 1945, p. 1711.)

(240 ILCS 5/15) (from Ch. 17, par. 1465) Sec. 15. The supplementary statement shall state whether or not the affiant is connected with, or holds financial interest, in, any other person, partnership, association or corporation engaged as a regular business in the keeping and lett…

(240 ILCS 5/16) (from Ch. 17, par. 1466) Sec. 16. If affiant is engaged in, associated or connected in any way with, any other business, occupation, profession, or activities, other than that of the business of the applicant being conducted or to be conducted under the name at th…

(240 ILCS 5/17) (from Ch. 17, par. 1467) Sec. 17. The supplementary statement must contain the names and addresses of 3 reputable persons to whom the Director may address inquiries relative to the experience, character, integrity and standing of affiant. Names submitted are not t…

(240 ILCS 5/18) (from Ch. 17, par. 1468) Sec. 18. A statement as to whether or not the affiant under present name or any former name, has ever been denied a license, or has had suspended, cancelled or revoked any license with respect to any business organized for the purpose of t…

(240 ILCS 5/19) (from Ch. 17, par. 1469) Sec. 19. No applicant shall be issued a license who: 1. (blank); 2. has been convicted of a felony; 3. has not provided a burglar alarm system for the safe, vault, and other fixtures; 4. has not provided a time lock for the safe, vault or …

(240 ILCS 5/2) (from Ch. 17, par. 1452) Sec. 2. No person, except as hereinafter provided, shall engage in the business of renting or permitting the use of for compensation, safety deposit boxes, safes, vaults or other facilities for the safekeeping of personal property unless he…

(240 ILCS 5/20) (from Ch. 17, par. 1470) Sec. 20. The application shall be accompanied by a Certificate of Inspection made by a vault service company which has been approved by the Director and a set of fingerprints of the person who signs the application. The Certificate shall s…

(240 ILCS 5/21) (from Ch. 17, par. 1471) Sec. 21. Each applicant shall submit with his application, a specimen form of all types of contract, agreement, or other writings to be used between applicant and renters or users of safety deposit boxes, safes, vaults or other facilities …

(240 ILCS 5/22) (from Ch. 17, par. 1472) Sec. 22. The Director shall issue a license to an applicant who has complied with this Act and who has submitted with his application, a fee of $50. Each license shall expire on the first day of July next after its issuance, and shall appl…

(240 ILCS 5/22.1) Sec. 22.1. All moneys received by the Department of Financial Institutions under this Act shall be deposited in the Financial Institution Fund created under Section 6z-26 of the State Finance Act. (Source: P.A. 98-463, eff. 8-16-13.)

(240 ILCS 5/23) (from Ch. 17, par. 1473) Sec. 23. The Director, by his agents, shall inspect at least once in each license period, the license, safety deposit boxes, safes, vault or other facilities furnished by the licensee. If the Director finds that the licensee is not complyi…

(240 ILCS 5/24) (from Ch. 17, par. 1474) Sec. 24. If any person's license is revoked such person shall give notice of the revocation to all renters within ten days after the revocation, whereupon each renter may remove his personal property from the safety deposit box, safe, vaul…

(240 ILCS 5/25.01) (from Ch. 17, par. 1476) Sec. 25.01. All final administrative decisions of the Director hereunder shall be subject to judicial review pursuant to the provisions of the Administrative Review Law, and all amendments and modifications thereof, and the rules adopte…

(240 ILCS 5/27) (from Ch. 17, par. 1478) Sec. 27. Whoever violates any provision of this Act shall be guilty of a petty offense. Each day of a violation shall be considered a separate offense. (Source: P.A. 77-2218.)

(240 ILCS 5/3) (from Ch. 17, par. 1453) Sec. 3. This Act does not apply to: 1. Any banking or savings and loan institution or credit union organized under the laws of this State or of the federal government, including any safety deposit business operated by or in connection with …

(240 ILCS 5/4) (from Ch. 17, par. 1454) Sec. 4. Application for a license shall be made to the Director upon a form furnished by him. The application shall contain the following information and the information required by Sections 5 to 10, inclusive, which shall be sworn to and n…

(240 ILCS 5/5) (from Ch. 17, par. 1455) Sec. 5. If the applicant is a corporation the application shall state: a. Name of state in which applicant is incorporated; b. Date of corporate charter or authority; c. If incorporated in a state other than Illinois, date of compliance wit…

(240 ILCS 5/6) (from Ch. 17, par. 1456) Sec. 6. If applicant is an unincorporated entity of any type, a partnership or sole proprietorship, and the business name or title used is such as to require registration of such name or title under "An Act in relation to the use of an assu…

(240 ILCS 5/7) (from Ch. 17, par. 1457) Sec. 7. If applicant is a partnership, the names and addresses of all partners and a statement as to whether or not, or to what extent, the Articles of Agreement, and any supplementary written statements, provide and stipulate for a limitat…

(240 ILCS 5/8) (from Ch. 17, par. 1458) Sec. 8. If applicant is a common law or business trust, the names and addresses of each trustee and of all beneficiaries in the trust and names of persons to be engaged in the management or active participation in the conduct of the busines…

(240 ILCS 5/9) (from Ch. 17, par. 1459) Sec. 9. If applicant is under direct or indirect common control with, or is controlled by any other person, partnership, corporation or other entity the application shall state: a. Name of such controlling or affiliated party or parties: b.…

(240 ILCS 10/0.01) (from Ch. 111 2/3, par. 118.9) Sec. 0.01. Short title. This Act may be cited as the Personal Property Storage Act. (Source: P.A. 86-1324.)

(240 ILCS 10/1) (from Ch. 111 2/3, par. 119) Sec. 1. No person shall operate a warehouse or engage in the business of storing personal property for a compensation, or hold himself out as being in the storage or warehouse business, or as offering storage or warehouse facilities, o…

(240 ILCS 10/1.1) (from Ch. 111 2/3, par. 119.1) Sec. 1.1. Governmental fairs as set forth under the Agricultural Fairs Act and the Illinois State Fair which store personal property for compensation or hold themselves out as offering storage or storage facilities for personal pro…

(240 ILCS 10/10) (from Ch. 111 2/3, par. 128) Sec. 10. Warehouse Receipts. Every operator shall, upon the receipt of personal property for storage, issue and deliver to the depositor a negotiable or a non-negotiable warehouse receipt. Negotiable warehouse receipt forms, complying…

(240 ILCS 10/11) (from Ch. 111 2/3, par. 129) Sec. 11. Signs. Every operator licensed under this Act shall, at all times, keep a sign posted in a conspicuous place over the main entrance to each warehouse, which sign shall clearly state the name of the person, firm, partnership, …

(240 ILCS 10/12) (from Ch. 111 2/3, par. 130) Sec. 12. Advertisements. It is unlawful for any person, firm, partnership, association, limited liability company, or corporation to hold himself, themselves, or itself out as a warehouseman or advertise for, or solicit business as a …

(240 ILCS 10/13) (from Ch. 111 2/3, par. 131) Sec. 13. Care required. Every operator shall use reasonable care and diligence to protect property stored from loss or damage by fire, theft, burglary or other similar causes, and keep and maintain suitable premises for such storage p…

(240 ILCS 10/14) (from Ch. 111 2/3, par. 132) Sec. 14. Authority of Commission staff-Police power. Commission staff have full power and authority in the performance of their official duties to enter into or upon any place, building or premises of any warehouse at any reasonable t…

(240 ILCS 10/15) (from Ch. 111 2/3, par. 133) Sec. 15. Interference with or impersonation of Commission staff. No person shall in any way or manner obstruct, hinder or molest any Commission staff member in the performance of his duties as required by this Act. It is unlawful for …

(240 ILCS 10/15.5) Sec. 15.5. Jurisdiction. The jurisdiction of the Commission under this Act extends to personal property warehouses, the operators of those warehouses, and to other activities specifically set forth in this Act. (Source: P.A. 96-515, eff. 1-1-10.)

(240 ILCS 10/15.6) Sec. 15.6. Enumeration of powers. The Commission has the power to: (1) Administer and enforce the provisions of this Act. (2) Regulate the entry, exit, and services of personal property warehouses and operators. (3) Protect the public safety through insurance a…

(240 ILCS 10/16) (from Ch. 111 2/3, par. 134) Sec. 16. Rules and regulations. The Commission has the authority to exercise general supervision and regulation over all warehouses included under this Act, and has authority to make all necessary rules and regulations, and adopt form…

(240 ILCS 10/17) (from Ch. 111 2/3, par. 135) Sec. 17. Violations, Administrative Action and Review. Violations of this Act shall be classified as follows: (a) Category I Violations, which include: (i) Technical violations causing no harm to persons or property. (ii) Prior practi…

(240 ILCS 10/18) (from Ch. 111 2/3, par. 136) Sec. 18. Operator must keep records. All operators included in this Act shall keep or cause to be kept a record showing all personal property stored, the name of the person depositing same for storage, all warehouse receipts issued, o…

(240 ILCS 10/19) (from Ch. 111 2/3, par. 137) Sec. 19. Penalty. Any person who engages in business as a personal property warehouseman without securing a license or who does not have a valid license, or who commits one or more Category II or Category III violations of this Act, o…

(240 ILCS 10/19.5) Sec. 19.5. Disposition of funds. All fees and fines collected by the Commission under this Act shall be paid into the Transportation Regulatory Fund in the State treasury. The money in that fund may be used to defray the expenses of the administration of this A…

(240 ILCS 10/2) (from Ch. 111 2/3, par. 120) Sec. 2. Definitions. When used in this Act: The term "Commission" means the Illinois Commerce Commission. The term "warehouse" means any room, house, structure, building, place, yard or protected enclosure where personal property belon…

(240 ILCS 10/20) (from Ch. 111 2/3, par. 138) Sec. 20. Power to enforce. The Commission has full power and authority to carry out this Act. (Source: P.A. 96-515, eff. 1-1-10.)

(240 ILCS 10/20.1) Sec. 20.1. Grandfathered rules. Rules promulgated by the Illinois Department of Agriculture under this Act shall remain valid until amended or repealed by the Commission. All references in those rules to the "Department" shall, on and after the effective date o…

(240 ILCS 10/20.2) Sec. 20.2. Applicability of Illinois Commercial Transportation Law. Except as provided elsewhere in this Act, Subchapter I, Articles II, III, V, VI, & VII, and Subchapter II of the Illinois Commercial Transportation Law apply to the Commission in the administra…

(240 ILCS 10/21) (from Ch. 111 2/3, par. 139) Sec. 21. Constitutionality of act. If any provision, section, sub-section, sub-division, sentence, clause, or phrase of this Act shall for any reason be adjudged or declared by any court of competent jurisdiction to be unconstitutiona…

(240 ILCS 10/22) (from Ch. 111 2/3, par. 140) Sec. 22. Repeal. "An Act to regulate business of storing personal property for hire", approved June 28, 1921, in force July 1, 1921, as amended, is hereby repealed. (Source: Laws 1935, p. 1121.)