§ 765 ILCS 515/1 As used in this Act the following definitions shall apply: …
§ 765 ILCS 515/2 The circuit court of the county wherein the severed mineral interest …
§ 765 ILCS 515/3 If the title to any severed mineral interest is vested in an unknown …
§ 765 ILCS 515/4 Proceedings for the appointment of a trustee may be instituted by any …
§ 765 ILCS 515/5 (a) The person seeking to impress a trust upon a severed mineral …
§ 765 ILCS 515/6 The trustee shall enter into negotiations with prospective purchasers …
§ 765 ILCS 515/7 The sale of and execution of any mineral lease under the provisions …
§ 765 ILCS 515/8 In the event of the death, resignation, refusal or inability of the …
§ 765 ILCS 515/9 (a) Regardless of whether there has been production of the severed …
§ 765 ILCS 515/10 All attorneys’ fees, expenses, and court costs incident to the …
§ 765 ILCS 515/11 (a) Surface owners may gain title to severed mineral interests owned …
§ 765 ILCS 515/12 If any surface owner is named as a defendant and acquires an interest …
§ 765 ILCS 515/13 A trustee proceeding pursuant to Sections 3 through 8 may be …
§ 765 ILCS 515/14 This Act shall be liberally construed so that any deed issued …
§ 765 ILCS 515/17 This Act shall be known and may be cited as the Severed Mineral …

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Terms Used In Illinois Compiled Statutes > 765 ILCS 515 - Severed Mineral Interest Act

  • Allegation: something that someone says happened.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Judgement: The official decision of a court finally determining the respective rights and claims of the parties to a suit.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Quorum: The number of legislators that must be present to do business.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Trustee: A person or institution holding and administering property in trust.
  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.