(735 ILCS 30/10-5-80) (was 735 ILCS 5/7-125)
Sec. 10-5-80. Bond; use of premises. When compensation
is ascertained, as provided in this Act,
if the party in whose favor the compensation is ascertained
appeals the order or judgment ascertaining just compensation, the plaintiff shall, notwithstanding, have the
right to enter upon the use of the property upon entering into bond,
with sufficient surety, payable to the party interested in the
compensation, conditioned for the payment of compensation in the amount
finally adjudged in the case and, in case of appeal by the plaintiff, the plaintiff
shall enter into like bond with approved surety. The bonds
shall be approved by the court in which the proceeding is had
and executed and filed within the time fixed by the court.
However, if the plaintiff is the State of Illinois, no
bond shall be required. (Source: P.A. 94-1055, eff. 1-1-07.) |