Illinois Compiled Statutes 765 ILCS 405 Land Trust Beneficial Interest Disclosure Act. Section 3

    (765 ILCS 405/3) (from Ch. 148, par. 73)

    Sec. 3. False verification - Perjury. Whoever, in swearing to, or affirming, an application or statement as required under this Act, makes a false statement as to the identification of beneficiaries of a land trust, or which is material to an issue or point in question in such application or statement, or who, having taken a lawful oath or made affirmation, shall testify willfully and falsely as to any of such matters for the purpose of inducing the approval of any such benefit, authorization, license or permit, or who shall suborn any other person to so swear, affirm or testify, is guilty of perjury or subornation of perjury, as the case may be, and upon conviction thereof, shall be sentenced as provided in Sections 32-2 or 32-3, respectively, of the Criminal Code of 2012.

(Source: P.A. 97-1150, eff. 1-25-13.)

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Last modified: February 18, 2015