Illinois Statutes

§ 3-9 — Escrow Funds

Illinois·Topic REGULATION·Ch. 205 FINANCIAL REGULATION·Act 205 ILCS 635/ Residential Mortgage License Act of 1987.·Art. Article III - Operations, Capitalization, Insurance
The Commissioner may promulgate rules with respect to placement in escrow accounts by any licensee of any money, fund, deposit, check or draft entrusted to it by any persons dealing with it as a residential mortgage licensee.

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Legislative History

(Source: P.A. 85-735.)

Nearby Sections

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