ILCS » Chapter 765 · Act 115
Illinois Compiled Statutes

765 ILCS 115/1 (2026)

Power to own real estate

✓ current as of May 2026
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(765 ILCS 115/1) (from Ch. 30, par. 183)
    Sec. 1. Power to own real estate.
    Any unincorporated lodge or subordinate body of any society or order which is duly chartered by its grand lodge or body may take, hold, or convey real estate for its own use and benefit, by lease, purchase, grant, legacy, gift or otherwise, may borrow money and execute and deliver notes or bonds and mortgages on real property owned by such unincorporated lodge or subordinate body to secure the same in and by the name and number of the lodge or subordinate body according to the register of the respective grand lodge or body.
(Source: P.A. 83-388.)

    
Notes of Decisions
Cited in 4 cases, 2017–2019 · leading case: 1550 MP Road LLC v. Teamsters Local Union No. 700, 2019 IL 123046 (Ill. 2019).
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1550 MP Road LLC v. Teamsters Local Union No. 700, 2019 IL 123046 (Ill. 2019). · cites it 2× “765 ILCS 115/1, 3 (West 2010). In order to execute a valid real estate conveyance, lease, or mortgage, an unincorporated association must follow certain procedures: “The presiding officer of such lodge or subordinate body, together with the secretary or officer keeping the…”
1550 MP Road LLC v. Teamsters Local Union No. 700, 2019 IL 123046 (Ill. 2019). · cites it 2× “765 ILCS 115/1, 3 (West 2010). In order to execute a valid real estate conveyance, lease, or mortgage, an unincorporated association must follow certain procedures: 2 The appellate court reversed the circuit court’s judgment in favor of plaintiff on counts II, III, and VIII.”
1550 MP Road LLC v. Teamsters Local Union No. 700, 2017 IL App (1st) 153300 (Ill. App. Ct. 2017). “" 765 ILCS 115/1 (West 2010). The Act further provides: "The presiding officer of such lodge or subordinate body, together with the secretary or officer keeping the records *453 thereof, may execute mortgages and execute or receive conveyances or leases of any real estate by or…”
1550 MP Road LLC v. Teamsters Local Union No. 700, 2017 IL App (1st) 153300 (Ill. App. Ct. 2017). “” 765 ILCS 115/1 (West 2010). The Act further provides: “The presiding officer of such lodge or subordinate body, together with the secretary or officer keeping the records thereof, may execute mortgages and execute or receive conveyances or leases of any real estate by or to…”
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