(65 ILCS 5/9-1-8) (from Ch. 24, par. 9-1-8)
Sec. 9-1-8.
Unless a claim is made by the person entitled thereto before
the passage of an ordinance by a municipality, as specified in Section
9-1-6, all interest therein and all right and title thereto of all
claimants shall be forfeited and barred. No action shall be begun or claim
made for any money undistributed or unclaimed as a rebate or refund,
received from the making of any local improvement, paid for wholly or in
part by special assessment or special taxation, after the money has
remained in the possession of a municipality undistributed or unclaimed as
a rebate or refund, for a period of 4 years or more from the due date of
the last installment, and where the money has been set aside and
transferred into the unclaimed rebate fund in the manner provided in
Sections 9-1-5 through 9-1-7.
(Source: Laws 1963, p. 2431.)
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