(765 ILCS 1025/16) (from Ch. 141, par. 116)
Sec. 16. The expiration of any period of time specified by statute or court order, during which an action or proceeding may be commenced or enforced to obtain payment of a claim for money or recovery of property, shall not prevent the money or property from being presumed abandoned property, nor affect any duty to file a report required by this Act or to pay or deliver abandoned property to the State Treasurer.
(Source: P.A. 91-16, eff. 7-1-99.)
Sections: Previous 10.6 11 11.5 12 13 14 15 16 17 18 19 20 21 22 23 Next
Last modified: February 18, 2015