(735 ILCS 5/12-149) (from Ch. 110, par. 12-149)
Sec. 12-149.
Title acquired at sale.
The right, title and interest
of any purchaser acquired at
a sale made under or pursuant to any judgment in a proceeding in which
the court had jurisdiction of the subject matter and of the parties, and
who was not a party to such proceeding, and the right, title and
interest of any bona fide assignee or pledgee for value of the
certificate of sale under such certificate issued pursuant to a sale
based on such judgment rendered in such proceeding who was not a party
to such proceeding (whether the purchaser at such sale was a party or
not), shall not be affected by any reversal, modification or order
setting aside such judgment made in any proceeding to review such
judgment, unless at the time of such sale, assignment or pledge, an
appeal was pending which operated as a stay of enforcement of the judgment
or a petition under
Section 2-1401 of this Act had been filed.
(Source: P.A. 82-280.)
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