Illinois Code § 815 ILCS 105/12

In any action upon a note, bond, bill, or other instrument in
Open in Lexace · Ask the AI about this section
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.

‹ Prev All Illinois sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.