Illinois Statutes
§ 5-55 — Documents in trust
Illinois § 5-55
JurisdictionIllinois
TopicRIGHTS AND REMEDIES
Ch. 765PROPERTY
Act 765 ILCS 170/Conveyance and Encumbrance of Manufactured Homes as Real Property and Severance Act.
Art.Article 5 - Conveyance and Encumbrance of Manufactured Homes as Real Property and Severance Act
This text of Illinois § 5-55 (Documents in trust) 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
765 Ill. Comp. Stat. 5-55 (2026).
Text
(a)Manufacturer's Statement of Origin. The holder of a Manufacturer's Statement of Origin to a manufactured home may deliver it to any person to facilitate conveying or encumbering the home. Any person receiving a Manufacturer's Statement of Origin so delivered holds it in trust for the person delivering it.
(b)Lien Release. The holder of a security interest in a manufactured home may deliver lien release documents to any person to facilitate conveying or encumbering the home. Any person receiving any such documents so delivered holds the documents in trust for the lienholder.
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Legislative History
(Source: P.A. 98-749, eff. 7-16-14.)
Nearby Sections
15
§ 5
§ 5§ 5-1
Short title§ 5-15
Affidavit of affixation§ 5-2
Findings and purpose§ 5-20
Disposition of liens§ 5-40
Exclusive procedure§ 5-45
Applicability§ 5-50
Affidavit of severance§ 5-55
Documents in trust§ 5.1
§ 5.1Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 5-55, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/765/5-55.