Illinois Statutes

§ 15-1202 — Collateral Assignment of Beneficial Interest

Illinois·Topic RIGHTS AND REMEDIES·Ch. 735 CIVIL PROCEDURE·Act 735 ILCS 5/ Code of Civil Procedure.·Art. Article XV - Mortgage Foreclosure
"Collateral assignment of beneficial interest" means any pledge or assignment of the beneficial interest in a land trust to any person to secure a debt or other obligation.

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Legislative History

(Source: P.A. 84-1462.)

Nearby Sections

15
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