Bill Texts: IL SB0211 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Illinois Banking Act. Provides that a bank or financial institution that has provided a loan for the purchase of personal property and attached a lien on that property shall deliver to the lienee a certificate of release, for recording, within 10 days after receipt of total payment pursuant to the bank's or financial institution's written payoff statement.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-03-15 - Rule 3-9(a) / Re-referred to Assignments [SB0211 Detail]

Bill Drafts

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Introduced2023-01-31HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois SB0211

Supplemental Documents

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No supplemental documents for Illinois SB0211 currently on file.

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