Sec. 21-2.07. Notes secured by real estate.
44 words·~1 min read·
/il/chapter-755/act-5/21-2-07A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 21-2.07. Notes secured by real estate. All of the notes secured by a first mortgage or trust deed upon improved or income producing real estate situated in this State and not exceeding two-thirds of the value thereof at the time of the investment.