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| | HB0161 Engrossed | - 2 - | LRB102 03897 HEP 13912 b |
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1 | | injury and property damage resulting
from the accident; or
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2 | | 4. After the expiration of 5 years from the date of the |
3 | | accident, the
Secretary of State has not received |
4 | | documentation that any action at law
for damages arising |
5 | | out of the motor vehicle accident has been filed against
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6 | | the person ; or . |
7 | | 5. The statute of limitations has expired and the |
8 | | person seeking reinstatement provides evidence |
9 | | satisfactory to the Secretary of State that, during the |
10 | | statute of limitations period, no action for damages |
11 | | arising out of a motor vehicle accident has been properly |
12 | | filed.
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13 | | An affidavit that no action at law for damages arising
out |
14 | | of the motor vehicle accident has been filed against the |
15 | | applicant,
or if filed that it is not still pending shall be |
16 | | prima facie evidence
of that fact. The Secretary of State may |
17 | | take whatever steps are necessary
to verify the statement set |
18 | | forth in the applicant's affidavit.
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19 | | (b) The driver's license or registration and nonresident's |
20 | | operating
privileges suspended as provided in Section 7-205 |
21 | | shall also remain suspended
and shall not be renewed nor shall |
22 | | any license or registration be issued to the
person until the |
23 | | person gives proof of his or her financial responsibility in
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24 | | the future as provided in Section 1-164.5. The proof is to be
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25 | | maintained by the
person in a manner satisfactory to the |
26 | | Secretary of State for a period of 3
years after the date the |
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1 | | proof is first filed.
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2 | | (Source: P.A. 90-264, eff. 1-1-98; 91-80, eff. 7-9-99.)
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3 | | (625 ILCS 5/7-214) (from Ch. 95 1/2, par. 7-214)
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4 | | Sec. 7-214. Disposition of Security. Such security shall |
5 | | be applicable only to the payment of a judgment or
judgments, |
6 | | rendered against the person or persons on whose behalf the
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7 | | deposit was made, for damages arising out of the accident in |
8 | | question, in
an action at law, begun not later than two years |
9 | | after the later of
(i)
the expiration of the relevant statute |
10 | | of limitations date the driver's license and registration were |
11 | | suspended
following the accident
or (ii) 2 years after the
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12 | | date of any default in any payment under an installment |
13 | | agreement for payment
of damages, and such deposit or any |
14 | | balance thereof shall be returned to the
depositor or his or |
15 | | her personal representative when evidence satisfactory to the
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16 | | Secretary of State has been filed with him:
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17 | | 1. that there has been a release from liability, or a |
18 | | final adjudication
of non-liability; or
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19 | | 2. a duly acknowledged written agreement in accordance |
20 | | with Section
7-208 of this Act; or
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21 | | 3. whenever after the expiration of the statute of |
22 | | limitations two years after
the later of
(i) the date
the |
23 | | driver's license and registration were suspended
following |
24 | | the accident
or (ii) 2 years after the date of
any default |
25 | | in any payment under an installment agreement for payment |
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1 | | of
damages, the Secretary of State shall be given |
2 | | reasonable evidence that
there is no such action pending |
3 | | and no judgment rendered in such action
left unpaid.
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4 | | If, after releasing security to a judgment debtor or |
5 | | claimant, the balance of the security posted with the |
6 | | Secretary is $5 or less, the balance shall be transferred to |
7 | | the General Revenue Fund. The
Secretary shall compile a list |
8 | | of all security amounts of $5 or less annually in July and |
9 | | shall certify that amount to the State Comptroller. As soon as |
10 | | possible after receiving the certification, the State |
11 | | Comptroller shall order transferred and the State Treasurer |
12 | | shall transfer the amount certified to the General Revenue |
13 | | Fund. |
14 | | (Source: P.A. 98-178, eff. 1-1-14.)
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