(765 ILCS 330/5) (from Ch. 30, par. 37f)
Sec. 5.
If by reason of a possibility of reverter created more than fifty
years prior to the effective date of this Act, a reverter has come into
existence prior to the time of the effective date of this Act, no person
shall commence an action for the recovery of the land or any part thereof
based upon such possibility of reverter, after one year from the effective
date of this Act.
If by reason of a breach of condition subsequent created more than fifty
years prior to the effective date of this Act, a right of re-entry has come
into existence prior to the time of the effective date of this Act, no
person shall commence an action for the recovery of the land or any part
thereof based upon such right of entry or re-entry after one year from the
effective date of this Act, unless entry or re-entry has been actually made
to enforce said right before the expiration of such year.
(Source: Laws 1947, p. 659.)
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