|
| | 10000HB3571ham001 | - 2 - | LRB100 10023 JLS 23812 a |
|
|
| 1 | | resulting from the outstanding recall that occurs after the |
| 2 | | sale. This Section does not apply to the sale of any vehicle |
| 3 | | that is subject to an outstanding recall that was initiated 15 |
| 4 | | or more years before the sale of the vehicle. |
| 5 | | Section 10. The Motor Vehicle Leasing Act is amended by |
| 6 | | adding Section 18 as follows: |
| 7 | | (815 ILCS 636/18 new) |
| 8 | | Sec. 18. Recalled vehicles; lease. If a dealer leases a |
| 9 | | motor vehicle that is subject to an outstanding recall for |
| 10 | | which a repair has not been performed, the dealer must disclose |
| 11 | | the nature of the outstanding recall to the customer. If the |
| 12 | | dealer provides the customer with a copy of a VIN-specific |
| 13 | | report for the vehicle obtained from the National Highway |
| 14 | | Traffic Safety Administration, the dealer shall be deemed to |
| 15 | | have met the disclosure requirement under this Section, and the |
| 16 | | vehicle manufacturer shall hold the selling dealer harmless |
| 17 | | from any and all liability for damage to persons or property |
| 18 | | resulting from the outstanding recall that occurs after the |
| 19 | | lease is executed. This Section does not apply to the lease of |
| 20 | | any vehicle that is subject to an outstanding recall that was |
| 21 | | initiated 15 or more years before the lease of the vehicle.".
|