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Mechanic’s lien amendment passes Illinois General Assembly
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Legislative Developments
Monday, June 16, 2014
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The Illinois General Assembly passed a bill that would amend the mechanic’s lien law by clarifying that an agreement to subordinate a lien under the Mechanic’s Lien Act is against public policy and unenforceable.
The bill, SB 3023, was introduced by Sen. John Mulroe, D-Chicago.
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