(740 ILCS 155/3) (from Ch. 132, par. 3)
Sec. 3.
Whenever
the principal maker of any note, bond, bill or other written instrument
dies, if the creditor does not,
within 6 months after the
entry of the original order directing issuance of letters
of office, present the same to
the representative or the proper court for allowance, the sureties thereon
shall be released from
the payment thereof to the extent that the same might have been collected
of such estate if presented in proper time; but this Section shall not be
construed to prevent the holder of any such instrument from proceeding
against the sureties within such 6 months.
(Source: P.A. 83-388.)
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