(35 ILCS 200/20-10)
Sec. 20-10.
Mailing to mortgage lender.
When the copy of the tax bill is
mailed by the collector to the owner or person at or in care of the address of
a mortgage lender, the mortgage lender, within 15 days of receiving the copy,
shall furnish and mail an additional copy of the bill to each mortgagor of the
property at his or her last known address as shown on the records of the
mortgage lender. However, if the property referred to in the copy is situated
in a county which uses the estimated or accelerated billing methods, only an
additional copy of the bill for the final installment of taxes due with respect
to the real property shall be furnished and mailed by the mortgage lender to
the mortgagor. A copy may be used by the collector in receipting for the tax
paid, and a copy or record shall be retained by the collector.
(Source: P.A. 86-957; 87-818; 88-455.)
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