Sec. 7-324. Application of Deposit.
79 words·~1 min read·
/il/chapter-625/act-5/7-324A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 7-324. Application of Deposit.
All money or securities so deposited shall be subject to execution to satisfy any judgment mentioned in this Act but shall not otherwise be subject to attachment or execution. The State Treasurer shall not accept any such deposit or issue a certificate therefor, and the Secretary of State shall not accept such certificate unless accompanied by evidence that there are no unsatisfied judgments against the depositor registered in the county where the depositor resides.