State of Illinois
91st General Assembly
Legislation

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91_SB1521

 
                                               SRS91S0069PMcb

 1        AN  ACT  to amend the Conveyances Act by changing Section
 2    30.

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

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

 7        (765 ILCS 5/30) (from Ch. 30, par. 29)
 8        Sec. 30.  Effect of  recording.   All  deeds,  mortgages,
 9    assignments,  mortgage releases, mortgage modifications, land
10    equity loans, liens, lis pendens, memoranda of judgement, and
11    other instruments in of writing that affect interests in real
12    property and that which are authorized to be recorded,  shall
13    take effect and be in force from and after the time of filing
14    the  same for record, and not before, as to all creditors and
15    subsequent purchasers, without notice;  and  all  these  such
16    deeds  and title papers shall be adjudged void as to all such
17    creditors and subsequent purchasers,  without  notice,  until
18    the same shall be filed for record.
19    (Source: Laws 1871-2, p. 282.)

20        Section  99.  Effective date.  This Act takes effect upon
21    becoming law.

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