HB3120 98TH GENERAL ASSEMBLY

LRB098 11162 HEP 41864 b

98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB3120

Introduced , by Rep. Frank J. Mautino

SYNOPSIS AS INTRODUCED:

765 ILCS 5/30

from Ch. 30, par. 29

Amends the Conveyances Act. Makes a technical change to a Section concerning deeds, mortgages, and other instruments.

A BILL FOR

AN ACT concerning real property.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Conveyances Act is amended by changing Section 30 as follows:

(765 ILCS 5/30) (from Ch. 30, par. 29)

Sec. 30. All deeds, mortgages and and other instruments of writing which are authorized to be recorded, shall take effect and be in force from and after the time of filing the same for record, and not before, as to all creditors and subsequent purchasers, without notice; and all such deeds and title papers shall be adjudged void as to all such creditors and subsequent purchasers, without notice, until the same shall be filed for record.

(Source: Laws 1871-2, p. 282.)