IL HB1337 | 2011-2012 | 97th General Assembly


Status

January 8 2013 - Session Sine Die
Text: Latest bill text (Engrossed) [HTML]

Summary

Amends the Conveyances Act. Provides that notwithstanding any other provision of the Act that concerns the form of a mortgage, no person may challenge the validity of or the priority of an otherwise lawfully executed and recorded mortgage solely on the basis that the rate of interest was not expressed in the mortgage.

Tracking Information

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Title

CONVEYANCES-MORTGAGE VALIDITY

Sponsors


History

DateChamberAction
2013-01-08HouseSession Sine Die
2011-04-15HouseRule 19(a) / Re-referred to Rules Committee
2011-02-24HousePlaced on Calendar Order of 3rd Reading - Short Debate
2011-02-24HouseSecond Reading - Short Debate
2011-02-24HouseAdded Chief Co-Sponsor Rep. Sidney H. Mathias
2011-02-23HousePlaced on Calendar 2nd Reading - Short Debate
2011-02-23HouseDo Pass / Short Debate Judiciary I - Civil Law Committee; 011-000-000
2011-02-15HouseAssigned to Judiciary I - Civil Law Committee
2011-02-09HouseReferred to Rules Committee
2011-02-09HouseFirst Reading
2011-02-09HouseFiled with the Clerk by Rep. Brandon W. Phelps

Code Citations

ChapterArticleSectionCitation TypeStatute Text
765511Amended CodeCitation Text

Illinois State Sources


Bill Comments

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