Illinois Compiled Statutes 815 ILCS 105 Promissory Note and Bank Holiday Act. (Part 1) Section 14

    (815 ILCS 105/14) (from Ch. 17, par. 615)

    Sec. 14. In any action founded upon any note, bond, bill, or other instrument in writing, or in which the same, if produced might be allowed as a set-off in defense, if it shall appear that such instrument was lost while belonging to the party claiming the amount due thereon, to entitle him to recover upon or set-off the same, he may, in the discretion of the court, be required to provide such security as is required in Section 3-804 of the Uniform Commercial Code.

(Source: P.A. 85-350.)

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Last modified: February 18, 2015