Illinois General Assembly - Illinois Compiled Statutes

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20 ILCS 3405/19

(20 ILCS 3405/19) (from Ch. 127, par. 2719)

Sec. 19.

Whenever personal property has been loaned to or deposited
with the Department and held more than 25 years and no person has made claim
upon the property, the property shall be deemed abandoned and shall become
the property of the Department.  Provided, however, that in order to perfect
the title the Department must diligently seek to find the owner by writing to
the owner at the last known address by certified mail.  If no claim is made
within 30 days of sending the certified letter, the Department shall publish in
the official State newspaper and in a local newspaper that distributes in
the area of owner's last known address a notice containing the name of the
owner, a description of the property, and the method of filing a claim.  If
no person claims the property within 90 days after the advertisement is
published, title to the property vests in the Department.

(Source: P.A. 100-695, eff. 8-3-18.)