(35 ILCS 516/280)
Sec. 280.
Claims for interest and costs.
Any person
claiming interest or costs under Sections 260 through 275 shall
include the claim in his or her petition for sale in error
under Section 255. Any claim for interest or costs which is not included in
the petition is waived, except interest or costs may be awarded to the extent
permitted by this Section upon a sale in error petition filed by the
county collector, without requiring a separate filing by the claimant. Any
order for interest or costs upon the petition for sale in error shall be
deemed to be entered against the county treasurer as trustee of the fund
created by Section 275. The fund shall be the sole source for
payment and satisfaction of orders for interest or costs, except as otherwise
provided in this Section. If the court determines that the fund has been
depleted and will not be restored in time to pay an award with reasonable
promptness, the court may authorize the collector to pay the interest portion
of the award pro rata from those accounts where the principal refund of the tax
sale purchase price under Section 255 is taken.
(Source: P.A. 92-807, eff. 1-1-03.)
|