Illinois Compiled Statutes 735 ILCS 5/12-709 – Negotiable paper
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Terms Used In Illinois Compiled Statutes 735 ILCS 5/12-709
- Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
- Summons: Another word for subpoena used by the criminal justice system.
No person shall be liable as a garnishee by reason of having drawn, accepted, made or endorsed a negotiable instrument in the possession of the judgment debtor at the time of either (1) service of the garnishment summons or (2) entry of judgment when the negotiable instrument is not due.