Illinois Code § 205 ILCS 660/8.11

Purchase of a retail installment contract creating or providing
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for a security interest in a motor vehicle that qualifies as consumer goods
under the Uniform Commercial Code, or purchase of the evidence of
indebtedness under such a contract, from a person who is not licensed under
the Illinois Vehicle Code, not licensed under this Act, and not exempt from
licensure under this Act.

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