Illinois Statutes
§ 12-907 — Insurance proceeds
Illinois·Topic RIGHTS AND REMEDIES·Ch. 735 CIVIL PROCEDURE·Act 735 ILCS 5/ Code of Civil Procedure.·Art. Article XII - Judgments - Enforcement
Whenever a building, exempted as a homestead, is insured in favor of the person entitled to the exemption, and a loss occurs, entitling such person to the insurance, such insurance money shall be exempt to the same extent as the building would have been had it not been destroyed.
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Legislative History
(Source: P.A. 82-280.)
Nearby Sections
15
§ 12-1001
Personal property exempt§ 12-1001.1
Automatic exemption§ 12-1002
Schedule of property§ 12-1003
When family entitled to exemptions§ 12-1004
Judgment for wages§ 12-1006
Exemption for retirement plans§ 12-101
Lien of judgment§ 12-102
Judgment against partnership§ 12-103
Representative capacity§ 12-104
Time of restraint deducted§ 12-105
Definition of "real estate"§ 12-106
Enforcement in other counties§ 12-107
Incarceration of judgment debtor§ 12-107.5
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