95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
SB1678

 

Introduced 2/9/2007, by Sen. Jacqueline Y. Collins

 

SYNOPSIS AS INTRODUCED:
 
765 ILCS 905/3   from Ch. 95, par. 53

    Amends the Mortgage Act. Makes a technical change in a Section concerning the release of a mortgage or trust deed of real property.


LRB095 11110 AJO 31443 b

 

 

A BILL FOR

 

SB1678 LRB095 11110 AJO 31443 b

1     AN ACT concerning civil law.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Mortgage Act is amended by changing Section
5 3 as follows:
 
6     (765 ILCS 905/3)  (from Ch. 95, par. 53)
7     Sec. 3. An instrument in writing which releases a mortgage
8 or trust deed of real property may be acknowledged or proved in
9 the the same manner as deeds for the conveyance of land.
10 (Source: Laws 1961, 1st Spec.Sess., p. 42.)