755 ILCS 5/20-11

755 ILCS 5/20-11
in effect
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(755 ILCS 5/20-11) (from Ch. 110 1/2, par. 20-11) Sec. 20-11. Terms of mortgage.) An order authorizing that a mortgage be made must designate the time of the maturity thereof, the amount of the indebtedness and the rate of interest to be paid thereon. (Source: P.A. 79-328.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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