Illinois Compiled Statutes 765 ILCS 910 Mortgage Escrow Account Act. Section 7

    (765 ILCS 910/7) (from Ch. 17, par. 4907)

    Sec. 7. The borrower shall not have the right to terminate any such arrangement under Section 5 in conjunction with mortgages insured, guaranteed, supplemented, or assisted by the State of Illinois or the federal government that require an escrow arrangement for their continuation.

(Source: P.A. 79-625.)

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Last modified: February 18, 2015