GroundRules
765 ILCS 910/10
Where this section sits in the code
- CHAPTER 765 PROPERTY
- Mortgage Escrow Account Act.
The provisions of this Act shall not be applicable to a mortgage lender using the capitalization method of accounting for receipt of payments for taxes. The capitalization method shall mean crediting such tax payments directly to the loan principal upon receipt and increasing the loan balance when the taxes are paid.
Collected 2026-09-15T04:46:46Z. Source file · JSON