Illinois Compiled Statutes
815 ILCS 115/4 (2026)
Whenever the drawer or endorser of an accepted bill of exchange or the endorser or guarantor of a promissory note shall have been joined with the acceptor of the bill or the maker of the note in an action to enforce the collection thereof, and judgment has been entered against such drawer, endorser or guarantor who thereafter pays the same, the person so paying shall be entitled to have the judgment released as to him, but the same shall, at his option, stand and may be enforced under the order of the court against any other party thereto who remains liable to the party paying as upon the bill or note, for the reimbursement of the party so paying
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(815 ILCS 115/4)
(from Ch. 17, par. 608)
Sec. 4.
Whenever the drawer or endorser of an accepted bill of exchange or
the endorser or guarantor of a promissory note shall have been joined with
the acceptor of the bill or the maker of the note
in an action to enforce
the collection thereof, and judgment has been entered
against such
drawer, endorser or guarantor who thereafter pays the
same, the person
so paying shall be entitled to have the judgment released as to him, but
the same shall, at his option, stand and may be enforced under
the order of the court against any other party thereto who remains liable
to the party paying as upon the bill or note, for the reimbursement of the
party so paying. If there is any contest as to such liability the court may
order an issue to be made up between the contesting parties, which shall be
summarily determined as the court may direct.
(Source: P.A. 84-546.)
Notes of Decisions
Cited in 1
case, 2020–2020 · leading case: Johnson v. Diakon Logistics, No. 1:16-cv-06776 (N.D. Ill. Jan. 23, 2020).
Johnson v. Diakon Logistics, No. 1:16-cv-06776 (N.D. Ill. Jan. 23, 2020). “815 ILCS 115/4–115/6. Plaintiffs in this case claim that Defendants violated the provision of the IWPCA that forbids employers from taking deductions from wages unless those deductions are “made with the express written consent of the employee, given freely at the time the…”
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