Section 9
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Illinois Code › Chapter 310 › Act 50 › Section 9
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(310 ILCS 50/9) (from Ch. 67 1/2, par. 859) Sec. 9. If an owner takes no action to regain possession of the property in the 2-year period following entry of an order granting temporary possession of the property to the organization, the organization may file a petition for judicial deed and upon due notice to the named defendants, an order may be entered granting a quitclaim judicial deed to the organization providing that the property shall be used for low and moderate income housing for at least a 10-year period after the deed is granted. (Source: P.A. 89-686, eff. 6-1-97.)
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