Bill Status of HB 3325   99th General Assembly


Short Description:  PRESUMPTIVELY VOID TRANSFERS

House Sponsors
Rep. Ann M. Williams

Last Action  View All Actions

DateChamber Action
  1/10/2017HouseSession Sine Die

Statutes Amended In Order of Appearance
755 ILCS 5/4a-5
755 ILCS 5/4a-10
755 ILCS 5/4a-15
755 ILCS 5/4a-30

Synopsis As Introduced
Amends the Presumptively Void Transfers Article of the Probate Act of 1975. Replaces references to the term "transfer instrument" with "transfer". Changes the definitions of "caregiver", "family member", "transfer", "transferee", and "transferor". Provides that if the property in question is an interest in real property, a purchaser or mortgagee for value and without notice, before the recordation of a lis pendens for an action, shall take free and clear of the action. Effective immediately.

Actions 
DateChamber Action
  2/26/2015HouseFiled with the Clerk by Rep. Ann M. Williams
  2/26/2015HouseFirst Reading
  2/26/2015HouseReferred to Rules Committee
  1/10/2017HouseSession Sine Die

Back To Top