765 ILCS 105/0.01
Short title
Short title. This Act may be cited as the Building and Loan Mortgage Release Act. (Source: P.A. 86-1324.)
Illinois Compiled Statutes 765 ILCS 105 — Building and Loan Mortgage Release Act.
Illinois · statute · 765 ILCS 105 · 3 active provisions
Provisions
765 ILCS 105/1
That in all cases where associations have been formed in this state under "An act to enable associations or persons to become a body corporate to raise funds to be loaned only among the members of such association," in force July 1, 1879, "An Act in relation to mutual building, loan and homestead associations", filed J…
765 ILCS 105/2
All releases of trust deeds made in accordance with the foregoing section shall be held and esteemed as of the same value and significance as if they had been made and executed by the person named as trustee in said trust deeds. (Source: Laws 1889, p. 98.)