Illinois Compiled Statutes 35 ILCS 200 Property Tax Code. Section 1-50

    (35 ILCS 200/1-50)

    Sec. 1-50. Fair cash value. The amount for which a property can be sold in the due course of business and trade, not under duress, between a willing buyer and a willing seller.

(Source: P.A. 88-455.)

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Last modified: February 18, 2015