WALSH,T. 815 ILCS 307/10-25 815 ILCS 307/10-115 Amends the Illinois Business Brokers Act of 1995. In provisions authorizing the imposition of liens on the proceeds of a sale of a business for amounts due a business broker, provides that no claim for lien shall attach to any real property asset of a business until the claim for lien is filed with the recorder of the county in which the real property asset is located. Provides that the Secretary of State shall not impose a fee on a business broker for filing a notice of lien with the recorder on a real property business asset. In provisions requiring a plaintiff suing to enforce a business broker lien to name as defendants all persons whom the plaintiff has knowledge are interested parties, provides that the knowledge be actual or constructive knowledge. Effective immediately. 98-02-19 S FIRST READING 98-02-19 S REFERRED TO SENATE RULES COMMITTEE RULES 99-01-12 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary