Illinois Secretary of State Alexi Giannoulias is announcing a settlement agreement with online car retailer Carvana.

Last February, Illinois claimed Carvana was issuing out-of-state temporary registration permits. On Tuesday, Secretary of State Giannoulias reported Carvana admitted to violating Illinois law and agreed to abide by new restrictions.

As part of the agreement, Carvana must adhere to Illinois law in the future, surrender its 2-hundred 50-thousand-dollar bond and allow for inspections by the Secretary of State Police.