(815 ILCS 105/12) (from Ch. 17, par. 613)
Sec. 12.
In any action upon a note, bond, bill, or other instrument in
writing, which has been assigned to or transferred by delivery to the
plaintiff after it became due, a set-off to the amount of the plaintiff's
debt may be made of a demand existing against any person or persons who
shall have assigned or transferred such instrument after it became due, if
the demand be such as might have been set-off against the assignor, while
the note or bill belonged to him.
(Source: Laws 1895, p. 262.)
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