Illinois Statutes
§ 310 — Deficiency judgment
Illinois·Topic GOVERNMENT·Ch. 35 REVENUE·Act 35 ILCS 516/ Mobile Home Local Services Tax Enforcement Act.·Art. Division 7 - Redemption Procedures And Notice Requirements
If the sold mobile home is not redeemed, a deficiency judgment shall not be taken on account of the receivership proceedings against the owner or owners of the mobile home. In the event that income to the receiver exceeds expenditures, net income is to be deposited with the clerk of the court ordering the tax sale and shall be distributed as determined by the court ordering the appointment of the receiver.
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Legislative History
(Source: P.A. 92-807, eff. 1-1-03.)
Nearby Sections
15
§ 31
§ 31§ 31-1
Short title§ 31-10
Imposition of tax§ 31-15
Collection of tax§ 31-20
Affixing of stamps§ 31-25
Transfer declaration§ 31-30
Use of transfer declaration§ 31-35
Deposit of tax revenue§ 31-45
Exemptions§ 31-47
Verification§ 31-5
Definitions§ 31-50
Penalties§ 31-55
Public records