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Illinois Dealer Recovery Trust Fund Affirmation

Illinois Dealer Recovery Trust Fund Affirmation 2026

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The document outlines the requirements for dealers in Illinois regarding the Annual Dealer Recovery Fee, mandated by Public Act 97-480. Dealers who sold more than 25 vehicles in the previous year must pay a fee to the Dealer Recovery Trust Fund, which compensates consumers affected by defunct dealers. The fee varies based on the number of vehicles sold, and dealerships selling 25 or fewer vehicles must complete an affirmation form to confirm their status. Failure to comply may result in license suspension or revocation.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the name of your dealership in the designated field. Ensure that this is accurate as it will be used for verification.
In the section labeled 'Dealer #', input your dealer number. This is crucial for identifying your business within state records.
Next, sign the form in the 'Signature of Authorized Representative' field. Make sure that this signature is from someone authorized to act on behalf of your dealership.
Fill in the 'Printed Name' and 'Title' fields with the appropriate details of the authorized representative who signed.
Indicate the number of vehicles sold in the prior year in the corresponding field. This information is essential for compliance with state regulations.
Finally, complete the date section and ensure that all required fields are filled out before submitting.

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