Illinois Compiled Statutes 65 ILCS 85/3 – If any revenue securities which are to be refunded are secured by an …
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Illinois Compiled Statutes 65 ILCS 85/3
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
If any revenue securities which are to be refunded are secured by an indenture of mortgage or deed of trust, such indenture of mortgage or deed of trust shall be properly released of record.