(770 ILCS 70/20) (from Ch. 82, par. 520)
Sec. 20.
Assignment of liens and actions.
All claims for liens and
likewise all actions to recover therefor under this Act shall be assignable
so as to vest in the assignee all rights and remedies herein given subject
to all defenses thereto that might be raised if such assignment had not
been made. Where a statement of lien has been filed as herein provided
such assignment shall be made by a separate instrument in writing, which
shall be recorded in the Recorder's Office where the claim was filed.
(Source: P.A. 86-377.)
|