Illinois § 18c-4303 Applications for Approval

Illinois Statutes

§ 18c-4303 — Applications for Approval

Illinois § 18c-4303

JurisdictionIllinois

TopicTRANSPORTATION

Ch. 625VEHICLES

Act 625 ILCS 5/Illinois Vehicle Code.

Art.Chapter 18c - Illinois Commercial Transportation Law

This text of Illinois § 18c-4303 (Applications for Approval) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

625 Ill. Comp. Stat. 18c-4303 (2026).

Text

Applications for approval of the transfer of a license shall be on forms prescribed by the Commission and shall, where possible, be accompanied by a copy of the written contract executed by parties to the proposed transfer. The contract must state that it:

(1)Is expressly conditioned on approval of the transfer by the Commission;

(2)Is a complete and exclusive statement of the rights of the parties in regard to the proposed transfer; and (3) Cannot be amended without notice to and approval by the Commission. The application shall also be accompanied by an abstract of shipments performed by the transferor within the last year prior to the date of the contract showing the date of each shipment, the identification number of the shipment, the origin and destination of the shipment, and a des

Free access — add to your briefcase to read the full text and ask questions with AI

Applications for approval of the transfer of a license shall be on forms prescribed by the Commission and shall, where possible, be accompanied by a copy of the written contract executed by parties to the proposed transfer. The contract must state that it: (1) Is expressly conditioned on approval of the transfer by the Commission; (2) Is a complete and exclusive statement of the rights of the parties in regard to the proposed transfer; and (3) Cannot be amended without notice to and approval by the Commission. The application shall also be accompanied by an abstract of shipments performed by the transferor within the last year prior to the date of the contract showing the date of each shipment, the identification number of the shipment, the origin and destination of the shipment, and a description of the commodity shipped. The application shall not be docketed until a contract and abstract have been filed. Where the contract cannot be signed because of some operation of law, the Commission may waive the signature of the transferor, but not the filing of the written contract.