(a) An unused property merchant must maintain receipts for the purchase of new and unused property purchased or acquired on or after the effective date of this amendatory Act of the 91st General Assembly. The receipts must contain the following information: (1) the date of the transaction; (2) the name and address of the person, corporation, or entity from whom the new and unused property was acquired; (3) an identification and description of the new and unused property acquired; (4) the price paid for the new and unused property; and (5) the signature of the seller and buyer of the new and unused property. (b) It is a violation of this Section for an unused property merchant required to maintain receipts under the provisions of this Section to knowingly: (1) falsify, obliterate, or destroy the receipts; (2) refuse or fail to make the receipts available for inspection upon request within a period of time that is reasonable under the individual circumstances surrounding the request; however, the unused property merchant is not required to possess the receipt on or about his or her person without reasonable notice; or (3) fail to maintain the receipts required by this Section for at least 2 years. (c) The provisions of this Section shall not apply to the following: (1) the sale of a motor vehicle or trailer that is required to be registered or is subject to the certificate of title laws of this State; (2) the sale of livestock, ice, or wood for fuel; (3) business conducted in any industry or association trade show; (4) property, although never used, whose style, packaging, or material clearly indicates that the property was not produced or manufactured recently; (5) a person who sells by sample, catalog, or brochure for future delivery; (6) the sale of arts or crafts or other merchandise by the person who produced those arts or crafts or other merchandise or by a person or persons acting on his or her behalf; or (7) a person who makes sales presentations pursuant to a prior, individualized invitation issued to the consumer by the owner or legal occupant of the premises. or entity from whom the new and unused property was acquired; unused property acquired; and and unused property. inspection upon request within a period of time that is reasonable under the individual circumstances surrounding the request; however, the unused property merchant is not required to possess the receipt on or about his or her person without reasonable notice; or Section for at least 2 years. required to be registered or is subject to the certificate of title laws of this State; trade show; packaging, or material clearly indicates that the property was not produced or manufactured recently; brochure for future delivery; by the person who produced those arts or crafts or other merchandise or by a person or persons acting on his or her behalf; or to a prior, individualized invitation issued to the consumer by the owner or legal occupant of the premises.
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