Illinois Statutes

§ 15-705 — Exceptions to the sale of tangible property

Illinois·Topic RIGHTS AND REMEDIES·Ch. 765 PROPERTY·Act 765 ILCS 1026/ Revised Uniform Unclaimed Property Act.·Art. Title 15 - Revised Uniform Unclaimed Property Act

The administrator shall dispose of tangible property identified by this Section in accordance with this Section.

(a)Military medals or decorations. The administrator may not sell a medal or decoration awarded for military service in the armed forces of the United States. Instead, the administrator, with the consent of the respective organization under paragraph (1), agency under paragraph (2), or entity under paragraph (3), may deliver a medal or decoration to be held in custody for the owner, to:
(1)a military veterans organization qualified under Section 501(c)(19) of the Internal Revenue Code;
(2)the agency that awarded the medal or decoration; or (3) a governmental entity. After delivery, the administrator is not responsible for the safekeeping of the medal or decoration.
(b)Proper

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Legislative History

(Source: P.A. 102-538, eff. 8-20-21.)

Nearby Sections

15
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