Illinois Compiled Statutes 815 ILCS 105 Promissory Note and Bank Holiday Act. (Part 1) Section 15

    (815 ILCS 105/15) (from Ch. 17, par. 616)

    Sec. 15. No promissory note, cheque, draft, bill of exchange, order or other negotiable or commercial instruments, shall be entitled to days of grace, but shall be absolutely payable at maturity.

(Source: Laws 1895, p. 261.)

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Last modified: February 18, 2015