(765 ILCS 910/8) (from Ch. 17, par. 4908)
Sec. 8.
If after terminating an escrow arrangement under the conditions
of this Act, the borrower does not furnish to the lender sufficient evidence
of payment of the taxes when due on the residence covered by the mortgage
with respect to which the escrow arrangement was established, the lender,
after taking reasonably good faith steps to verify nonpayment, may, within
thirty days after such payment is due, establish or reestablish an escrow
arrangement notwithstanding the provisions of this Act.
(Source: P.A. 79-625.)
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