Home/Illinois/Statutes/Topic: GOVERNMENT/Ch. 65: MUNICIPALITIES/Act 65 ILCS 5/: Illinois Municipal Code./Art.: Article 9 - Local Improvements/§ 9-3-47
Illinois Statutes

§ 9-3-47

Illinois § 9-3-47
JurisdictionIllinois
TopicGOVERNMENT
Ch. 65MUNICIPALITIES
Act 65 ILCS 5/Illinois Municipal Code.
Art.Article 9 - Local Improvements

This text of Illinois § 9-3-47 is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
65 Ill. Comp. Stat. 9-3-47 (2026).

Text

The purchaser or his assignee shall pay all taxes and assessments on real estate sold under the provisions of this Division 3. Notation of such payments shall be made on the docket of the court, and the same shall be repaid if the real estate is redeemed, together with interest at the rate of the greater of 9% per annum or 70% of the prime commercial rate in effect on the date the special assessment ordinance is adopted.

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Legislative History

(Source: P.A. 82-686.)

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Bluebook (online)
Illinois § 9-3-47, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/65/9-3-47.