(a) The Office of the Commissioner of Savings and Residential Finance, whether in that name or in the name of the Office of the Commissioner of Savings, Real Estate Professions, and Mortgage Finance, is hereby abolished.
     (b) The position of Commissioner of Savings and Residential Finance and the position of Chief Deputy Commissioner of Savings and Residential Finance are abolished.

Terms Used In Illinois Compiled Statutes 20 ILCS 3205/9.1

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.