Rep. Elaine Nekritz

Filed: 5/13/2014

 

 


 

 


 
09800SB2730ham002LRB098 17569 HEP 59440 a

1
AMENDMENT TO SENATE BILL 2730

2    AMENDMENT NO. ______. Amend Senate Bill 2730, AS AMENDED,
3with reference to page and line numbers of House Amendment No.
41, on page 4, by inserting immediately below line 15 the
5following:
 
6    "(g) Notwithstanding that the person's omitted subordinate
7interest in the real estate has been terminated pursuant to
8this Section, nothing in this Section shall be construed to
9extinguish or impair any claim of such person in the surplus
10proceeds of a sale held or distributed pursuant to subsection
11(d) of Section 15-1512 of this Code after the confirmation of
12the sale of the real estate for which such person had an
13omitted subordinate interest.".