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Bonding Under the Revised Illinois Mechanics Lien Act

by Alex Christianson | Apr 10, 2025 | Uncategorized

The New Year brought with it the enactment of 770 ILCS 60/38.1 of the Illinois Mechanics’ Lien Act, (the “Act”). This new addition to the Act allows the substitution of a bond in place of a mechanics’ lien. This article highlights some important features of this new...

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