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Code · Illinois · Chapter 735 — CIVIL PROCEDURE · Act 5

Sec. 15-1202. Collateral Assignment of Beneficial Interest.

35 words·~1 min read·/il/chapter-735/act-5/15-1202·

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Sec. 15-1202. Collateral Assignment of Beneficial Interest. "Collateral assignment of beneficial interest" means any pledge or assignment of the beneficial interest in a land trust to any person to secure a debt or other obligation.
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