Illinois General Assembly - Bill Status for SB3480

Synopsis As Introduced
Amends the Illinois Banking Act. Provides that a bank or financial institution that has provided a loan for the purchase of personal property and attached a lien on that property shall deliver to the lienee a certificate of release, for recording, within 10 days after receipt of total payment pursuant to the bank's or financial institution's written payoff statement.

Actions

Date	Chamber	Action
1/19/2022	Senate	Filed with Secretary by Sen. Laura M. Murphy
1/19/2022	Senate	First Reading
1/19/2022	Senate	Referred to Assignments
1/26/2022	Senate	Assigned to Judiciary
2/7/2022	Senate	Postponed - Judiciary
2/10/2022	Senate	Rule 3-9(a) / Re-referred to Assignments
1/10/2023	Senate	Session Sine Die

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