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Illinois · Through at least Public Act 104-790

765 ILCS 910/6

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Where this section sits in the code
  1. CHAPTER 765 PROPERTY
  2. Mortgage Escrow Account Act.

In lieu of the mortgage lender establishing an escrow account or an escrow-like arrangement, a borrower may pledge an interest bearing time deposit with the mortgage lender in an amount sufficient to secure the payment of anticipated taxes.

Collected 2026-09-15T04:46:46Z. Source file · JSON

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