765 ILCS 330/3

765 ILCS 330/3
in effect
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(765 ILCS 330/3) (from Ch. 30, par. 37d) Sec. 3. When a corporation is dissolved or ceases to exist, any possibility of reverter and any right of entry or re-entry for breach of a condition subsequent heretofore or hereafter reserved by or to the corporation and affecting land in this State ceases and determines. (Source: Laws 1947, p. 659.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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