§1010.10. Owner – Application of Term

Latest version.

a)         For registration purposes and requirements or exemptions, the terms "owner" shall be applied as defined in this Section of the I.V.C., and the definition in Section 1-155 of the Code shall not be applicable.

b)         Thus, the term "Owner" includes:

1)         The holder of legal title to a vehicle.

2)         Conditional buyer under a conditional sales contract.

3)         A lessee with the right of purchase of the vehicle.

4)         A mortgagor with right of possession.

5)         A lessee with possession or control of a vehicle under a lease of 30 days or more.

                    
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