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93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB6253
Introduced 02/06/04, by Tom Cross SYNOPSIS AS INTRODUCED:
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765 ILCS 905/3 |
from Ch. 95, par. 53 |
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Amends the Mortgage Act. Makes a technical change in a Section concerning the
release of a mortgage.
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A BILL FOR
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HB6253 |
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LRB093 14596 LCB 40104 b |
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| AN ACT in relation to property.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5. The Mortgage Act is amended by changing Section |
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| 3 as follows:
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| (765 ILCS 905/3) (from Ch. 95, par. 53)
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| Sec. 3. Release of mortgage; acknowledgment. An instrument |
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| in writing
which releases a mortgage or trust deed of
real |
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| property may be acknowledged or proved in the same manner as |
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| deeds for
the conveyance of land.
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| (Source: Laws 1961, 1st Spec.Sess., p. 42.)
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