Illinois Compiled Statutes 310 ILCS 60 Federally Assisted Housing Preservation Act. Section 8

    (310 ILCS 60/8) (from Ch. 67 1/2, par. 1158)

    Sec. 8. The provisions of this Act shall not apply to any of the following: a government taking by eminent domain or negotiated purchase; a forced sale pursuant to a foreclosure; a transfer by gift, devise or operation of law; or an owner's sale or other disposition of assisted housing in a manner pursuant to which the property after the sale or other disposition continues to be assisted housing as defined in this Act.

(Source: P.A. 93-727, eff. 7-14-04.)

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Last modified: February 18, 2015