Illinois
Chapter 765 — PROPERTY · Act 420
4 entries
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Sec. 1. This Act shall be known and may be cited as the Land Trust Recordation and Transfer Tax Act.
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Sec. 2. As used in this Act:.
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Sec. 3. Every trustee of a land trust who accepts any instrument which transfers the beneficial interest under such trust after January 1, 1986, other than trust docume.
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Sec. 4. Any trustee who knowingly violates this Act is guilty of a Class C misdemeanor and shall be liable to the State and any unit of local government for any taxes w.