(50 ILCS 45/70)
Sec. 70.
Installment contracts.
If a local
government tax ordinance or a local tax administrator allows
installment payment agreements for delinquent tax amounts,
the local tax administrator may not cancel any installment
contract unless the taxpayer fails to pay any amount due on
time and fails to cure the delinquency in the allowable time
supplied by the local tax administrator, or fails to
demonstrate good faith in restructuring any installment plan
agreement or contract with the local tax administrator.
(Source: P.A. 91-920, eff. 1-1-01.)
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