Illinois Compiled Statutes 765 Property: Article -

• Illinois Land Trust Recordation and Transfer Tax Act. - 765 ILCS 420, Section 1
  This Act shall be known and may be cited as the Land Trust Recordation and Transfer Tax Act. (Source: P.A. 84-858.)
• Illinois Land Trust Recordation and Transfer Tax Act. - 765 ILCS 420, Section 2
  As used in this Act: "Beneficial interest" means any interest, regardless of how small or minimal such interest may be, in a land trust,...
• Illinois Land Trust Recordation and Transfer Tax Act. - 765 ILCS 420, Section 3
  Every trustee of a land trust who accepts any instrument which transfers the beneficial interest under such trust after January 1, 1986, other than...
• Illinois Land Trust Recordation and Transfer Tax Act. - 765 ILCS 420, Section 4
  Any trustee who knowingly violates this Act is guilty of a Class C misdemeanor and shall be liable to the State and any unit...

Last modified: February 18, 2015