Illinois Compiled Statutes 205 ILCS 635 Residential Mortgage License Act of 1987. Section 3-9

    (205 ILCS 635/3-9) (from Ch. 17, par. 2323-9)

    Sec. 3-9. Escrow Funds. The Commissioner may promulgate rules with respect to placement in escrow accounts by any licensee of any money, fund, deposit, check or draft entrusted to it by any persons dealing with it as a residential mortgage licensee.

(Source: P.A. 85-735.)

Sections:  Previous  3-1  3-2  3-3  3-4  3-5  3-7  3-8  3-9  3-10  Next

Last modified: February 18, 2015