Illinois Compiled Statutes > 55 ILCS 82 – Neutral Site Custody Exchange Funding Act
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Terms Used In Illinois Compiled Statutes > 55 ILCS 82 - Neutral Site Custody Exchange Funding Act
- Asset forfeiture: A procedure by which a person's property is seized to pay judgments levied by the court.
- Grand jury: agreement providing that a lender will delay exercising its rights (in the case of a mortgage,
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- Preliminary hearing: A hearing where the judge decides whether there is enough evidence to make the defendant have a trial.